Cinemark: Q1 Earnings Snapshot

By AAMER MADHANI

May 06, 2022

PLANO, Texas (AP) _ Cinemark Holdings Inc. (CNK) on Friday reported a loss of $74 million in its first quarter.

The Plano, Texas-based company said it had a loss of 62 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 61 cents per share.

The movie theater owner posted revenue of $460.5 million in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $443 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNK at https://www.zacks.com/ap/CNK

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