
Cinemark Holdings, Inc. reported its fourth-quarter results for 2024, achieving a record revenue of $814.3 million, a 27.5% increase from $638.9 million in the same period of 2023. The company swung to a net income attributable to shareholders, reinstating its dividend as part of its recovery post-COVID. However, the GAAP earnings per share (EPS) of $0.33 fell short of the $0.37 estimate. Despite this, the sales figure surpassed the projected $790.757 million, reflecting a strong performance in the quarter. The reinstatement of the dividend marks a significant milestone for the company as it continues to navigate the post-pandemic landscape.
Cinemark Reports Mixed Q4 Results, Restores Shareholder Dividend In Post-Covid Milestone https://t.co/y60CCyvkIf
$CNK Cinemark Hldgs Q4 2024 GAAP EPS $0.33 Misses $0.37 Estimate Sales $814.300M Beat $790.757M Estimate
$CNK Earnings: - Cinemark Holdings, Inc.’s total revenue for the three months ended December 31, 2024 increased 27.5% to $814.3 million compared with $638.9 million for the three months ended December 31, 2023. - Net income attributable to Cinemark Holdings, Inc. for the three… https://t.co/h8IoajxjEj
