Cinemark Holdings

Cinemark Holdings, Inc. is a holding company, which engages in the provision of motion picture exhibitions through its subsidiaries. It operates through the U.S. and International segments. The company was founded by Lee Roy Mitchell in 1984 and is headquartered in Plano, TX.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cinemark Holdings reports robust 2022 performance and optimistic outlook

Cinemark Holdings delivered a strong financial performance in 2022, with a focus on strengthening its balance sheet and strategic investments. Despite challenges in Movie Club volume and moviegoing frequency, the company remains optimistic about the industry's recovery and its competitive position. Strategic investments in premium amenities and a disciplined approach to capital deployment position Cinemark for future growth.

Cinemark reports robust Q1 performance amidst industry optimism

Cinemark Holdings delivered strong financial results in Q1 2023, driven by successful film releases and a focus on exclusive theatrical experiences.
While facing challenges such as cost pressures and potential streaming competition, the company remains optimistic about expanding margins and long-term growth.
With a solid financial position, strategic goals, and a positive industry outlook, Cinemark is well-positioned to capitalize on growth opportunities and deliver value to stakeholders.

Cinemark reports record 2Q earnings, eyes growth through strategic initiatives

Cinemark Holdings delivered strong financial performance in 2Q 2023, driven by successful movie releases and strategic initiatives, resulting in record revenue and adjusted EBITDA.
While facing challenges such as potential film shifts and moderating growth in ticket prices, the company remains optimistic about the future and focused on enhancing the guest experience.
Opportunities lie in merchandising expansion, alternative content growth, and potential partnerships with major players like Amazon and Apple to drive future box office volume.

Cinemark Holdings reports record Q3 revenue amidst industry challenges

Cinemark Holdings' Q3 2023 performance reflects resilience and strategic focus amidst industry challenges. The company's commitment to premium amenities, exclusive theatrical releases, and alternative content positions it for future growth and market share gains. Strategic capital allocation and operational efficiencies will be key in navigating uncertainties and driving performance.

Cinemark reports robust 2023 performance amidst challenges and growth opportunities

Cinemark's strong financial performance in 2023 was driven by revenue growth, guest satisfaction, and strategic investments.
While facing challenges like work stoppages and FX devaluation, the company is focusing on debt reduction, cash flow generation, and expansion.
Opportunities lie in capital investments, nontraditional content, merchandise ventures, and efficiency initiatives to drive future growth.
Balancing strengths, challenges, and opportunities will be crucial for Cinemark as they navigate industry rebounds and evolving consumer preferences.

Cinemark Holdings excels in Q1 2024, eyes growth opportunities

Cinemark Holdings delivered a strong Q1 performance, showcasing financial resilience and strategic initiatives to drive market share gains. While facing challenges in cash flow and leverage, the company remains focused on prudent financial management and operational efficiencies. With a balanced approach to capital expenditures and a positive outlook on the box office, Cinemark is poised for continued success.

Cinemark Holdings (CNK) posts strong Q2 results amidst international challenges

Cinemark Holdings (CNK) reported strong Q2 results, with robust film performance and revenue generation. While facing challenges in Argentina and international markets, the company's strategic initiatives and focus on customer experience position it well for future growth and shareholder returns.

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Shares of Cinemark Holdings Inc. CNK, +5.10% jumped 4.5% toward an eight-month high in morning trading Monday, after the movie theater operator said that on April 8 it scored the highest single day of attendance since Christmas Day 2019. The company said “sensational” openings by Universal Pictures' “The Super Mario Bros.

Cinemark stock leaps toward 8-month high as it scored the highest 1-day attendance in 3 1/2 years over the weekend

PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Celebrates its Highest Single Day Attendance since Christmas Day of 2019.

Cinemark Celebrates Its Highest Single Day Attendance Since Christmas Day of 2019, Led by the Record-Breaking Opening for The Super Mario Bros. Movie

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Cinemark discloses 27.4% stake in National CineMedia

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Polaris Global Value Fund, the fund led by 2023 GuruFocus Value Conference Keynote Speaker Bernard Horn (Trades, Portfolio), disclosed in a regulatory portfolio update filing that its top trades during the fourth quarter of 2022 included the closure of its positions in Cinemark Holdings Inc. ( CNK , Financial) and Brother Industries Ltd. ( TSE:6448 , Financial) and a reduction to its holding in Marathon Petroleum Corp. ( MPC , Financial).

Bernard Horn's Firm Cuts Cinemark, Enters 4 Holdings

Cinemark Holdings, Inc. (NYSE:CNK ) Q4 2022 Earnings Conference Call February 24, 2023 8:30 AM ET Company Participants Chanda Brashears – SVP, IR Sean Gamble - President and CEO Melissa Thomas - CFO Conference Call Participants David Karnovsky - JPMorgan Ben Swinburne - Morgan Stanley Robert Fishman - SVB MoffettNathanson Eric Handler - ROTH MKM Eric Wold - B. Riley Securities Chad Beynon - Macquarie Jim Goss - Barrington Research Mike Hickey - The Benchmark Company Omar Mejias - Wells Fargo Operator Greetings and welcome to the Cinemark Holdings Fourth Quarter and Full Year 2022 Earnings Call.

Cinemark Holdings, Inc. (CNK) Q4 2022 Earnings Call Transcript

An analyst upgrade helped propel the stock higher this week.

Why Cinemark Stock Was Climbing This Week

Amazon's upcoming wide release of Ben Affleck and Matt Damon's Nike movie Air exclusively in theaters in April “could represent the start of a substantive move into theatrical exhibition by streaming companies,” said Sean Gamble, chief executive of nation's third-largest movie chain.

Cinemark CEO Sees Amazon's ‘Air' Jumpstarting Streamers In Cinemas With 45-Day Window; Upbeat On 100+ Wide Releases For 2023

Shares of the movie theater chain were down 6% in premarket trading, after having advanced more than 50% so far this year.

Cinemark Stock Dives on Weak Earnings. But There's Optimism for Its Post-Covid Recovery.

Shares of Cinemark Holdings Inc. CNK, +2.51% fell 3.7% in premarket trading Friday, after the movie theater operator reported fourth-quarter losses that were wider than expected, although revenue beat forecasts. The company swung to a net loss of $99.3 million, or 82 cents a share, from net income of $5.7 million, or 5 cents a share, in the year-ago period.

Cinemark stock drops after swinging to wider-than-expected loss, while revenue beat forecasts

PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and twelve months ended December 31, 2022. Cinemark Holdings, Inc.'s total revenue for the three months ended December 31, 2022 decreased 10% to $599.7 million compared with $666.7 million for the three months ended December 31, 2021. For the three months ended December 31, 2022, admissions revenue was $304.

Cinemark Holdings, Inc. Reports Fourth Quarter and Full Year 2022 Results

Shares of Cinemark Holdings Inc. CNK, +1.76% climbed 1.6% toward a 2 1/2-month high in afternoon trading Thursday, after the Texas-based movie theater chain was upgraded at Credit Suisse a day before it reports fourth-quarter results. Analyst Douglas Mitchelson raised his rating on the stock to neutral, to back away from his previous bearish stance, and boosted his price target by 33%, to $12 from $9.

Cinemark stock rallies after Credit Suisse upgrade comes a day before quarterly results are revealed

MILWAUKEE , Feb. 22, 2023 /PRNewswire/ -- Ahava Productions and Fathom Events announce the nationwide showing of " Santiago: The Camino Within ," in select theaters for one night only, Tuesday, March 28, 2023. This documentary follows travelers from around the world as they make their journey along the Camino de Santiago, sharing their stories, their inner reflection, the transformation of their souls, and the shared connection to life's simplicities.

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Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Cinemark Holdings (CNK) to Report a Decline in Earnings: What to Look Out for

PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the world's largest and most influential movie theater companies, announced that founder Lee Roy Mitchell, 85, stepped down from the Company's Board of Directors following a highly influential tenure spanning nearly 40 years. Lee Roy served on the Board since its inception and transitioned from Executive Chairman to member of the Board in 2022.

Cinemark Founder, Lee Roy Mitchell, Retiring from the Company's Board of Directors

PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conference: Tuesday, March 7: Morgan Stanley TMT Investor Conference in San Francisco, CA Sean Gamble, President & CEO, and Melissa Thomas, CFO Fireside chat at 8:35 am PT 1-on-1 investor meetings About Cinemark Holdings, Inc.

Cinemark to Participate in Morgan Stanley Investor Conference

PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its fourth quarter and full year 2022 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, February 24, 2023 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.

Cinemark to Host Fourth Quarter and Full Year 2022 Earnings Conference Call

PLANO, Texas--( BUSINESS WIRE )--Cinemark Holdings, Inc., one of the world's largest and most influential movie theater companies, is providing a star-studded experience for cinema aficionados by bringing back the all-inclusive festival pass for its annual Oscar® Movie Week festival. In theaters from Monday, March 6 through Sunday, March 12, the festival gives moviegoers the chance to experience this year's Best Picture and Best Live Action and Animated Short Film nominees in advance of Hollywood's biggest night, when the 95th Oscars® air March 12 on ABC. The festival is being held at more than 120 participating Cinemark theaters nationwide, and passes are on sale now at Cinemark.com/movieweek.

Cinemark Provides a Star-Studded Experience for Cinema Aficionados During Annual Oscar® Movie Week Festival

LOS ANGELES , Jan. 24, 2023 /PRNewswire/ -- EntTelligence and Cinemark Theatres announce an extension in service agreement. After a comprehensive pilot period, Cinemark has signed a service agreement with EntTelligence utilizing its core measurement and insights system – a pioneering platform that provides detailed analysis and actionable information on moviegoer impressions from approximately 3,000 theaters – precisely measuring capacity and attendance at the auditorium and showtime level.

EntTelligence and Cinemark Announce Extension of Service Agreement

The box office has rebounded meaningfully off the 2020 low but still a way to go toward full recovery. CNK's leverage isn't likely to come down substantially in 2023 unless the box office surprises meaningfully to the upside.

Cinemark: Equity Has Downside, Give The Bond A Try

PLANO, Texas--( BUSINESS WIRE )--Cinemark Holdings, Inc., one of the world's largest and most influential movie theater companies, is celebrating the star of moviegoing snacks on Thursday, Jan. 19 for National Popcorn Day. With exclusive promotions and golden sweepstakes that give moviegoers the chance to win free popcorn, including an entire year's worth, popcorn aficionados have much to celebrate. More information on this most delicious holiday can be found at Cinemark.com/popcornday.

Cinemark Celebrates the Star of Moviegoing Snacks on National Popcorn Day

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