CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.96% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

Cinemark posts record Q3 revenue, net income up 146%

By Reuters News


Overview

  • US movie theater operator's Q3 revenue rose 23.5% yr/yr to record $1.1 bln

  • Q3 net income jumped 146% yr/yr to $124 mln

  • Company achieved record Q3 adjusted EBITDA and higher concession sales per patron


Outlook

  • Company expects full-year 2026 capital expenditures of about $250 mln

  • Cinemark says it remains confident in long-term growth prospects due to favorable consumer trends and content dynamics


Result Drivers

  • SUMMER RELEASES - Co attributed Q3 results to a strong slate of summer movies that drove positive box office momentum

  • PREMIUM FORMATS - Co said premium large format box office across XD, IMAX and ScreenX increased 50% yr/yr and surpassed prior record by 20%

  • MOTION SEATS - Co reported highest quarterly motion seat revenue, up 62% yr/yr and accounting for 7% of global box office


Company press release: Full Story


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

$124 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the leisure & recreation peer group is "buy"

  • Wall Street's median 12-month price target for Cinemark Holdings Inc is $42.00, about 8.4% above its November 2 closing price of $38.75

  • The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago


Reuters Recommended Reads

  • Nov 3 - Cinemark Holdings Q3 revenue beats estimates

  • Nov 2 - Ireland's Ryanair H1 profit falls 15% as fuel costs rise

  • Nov 2 - Ryanair says it might freeze pay to offset high fuel prices


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.