NYSE$CNK
Cinemark Holdings Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Delivered record-high third quarter revenue and Adjusted EBITDA, driven by strong box office performance and strategic initiatives.
Cinemark Holdings, Inc. reported record-high third quarter revenue of $922 million, a 5% increase year-over-year. Net income was $189 million, and Adjusted EBITDA reached a record $221 million with a 23.9% margin.
- Entertained 60 million moviegoers across global footprint.
- Domestic box office results surpassed North American industry recovery by over 600 basis points year-over-year.
- Sustained market share growth versus FY 2019 in excess of 100 basis points in the U.S. and Latin America.
- Achieved all-time-high food and beverage per caps of $7.97 in the U.S. and $6.08 worldwide.
Headline financials
Revenue & EPS history
Cinemark · Revenue · Quarterly
$922M
Revenue by segment
Cinemark · $535M total across 2 segments · Q3 2023
- Admissions Revenue$444M—83.0%
- Other Revenue$91.2M—17.0%
Forward guidance
This press release includes forward-looking statements which are subject to risks and uncertainties. The company undertakes no obligation to update or revise any forward-looking statements.
Tailwinds
- future revenue, expenses and profitability
- the future development and expected growth of our business
- projected capital expenditures
- access to capital resources
- national and international growth in our industry
Headwinds
- currency exchange rate and inflationary impacts
- attendance at movies generally or in any of the markets in which we operate
- the number and diversity of popular movies released, the length of exclusive theatrical release windows, and our ability to successfully license and exhibit popular films
- competition from other exhibitors, alternative forms of entertainment and content delivery via streaming and other formats
- determinations in lawsuits in which we are a party; and the ongoing recovery of our business and the motion picture exhibition industry from the effects of the COVID-19 pandemic and the 2023 writers' and actors' guilds strikes.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.7%
Avg return
Earnings day
+1.0%
Avg return
5 days after
-1.0%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+15.1%
Q3 2022
Best reaction
-13.6%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.4% | -6.1% | -5.2% | |
| Q4 2025 | +3.5% | +2.1% | +4.2% | |
| Q3 2025 | +7.8% | +12.5% | -17.9% | |
| Q1 2025 | +1.1% | +4.3% | +13.0% | |
| Q4 2024 | -13.6% | -18.3% | -21.2% | |
| Q3 2024 | -2.1% | -2.6% | +13.3% | |
| Q2 2024 | +10.1% | +12.7% | +18.6% | |
| Q1 2024 | +1.7% | -0.3% | -0.9% | |
| Q4 2023 | -0.7% | -1.5% | +10.8% | |
| Q3 2023 | -9.5% | -11.4% | -13.3% | |
| Q2 2023 | +4.3% | +1.2% | -1.7% | |
| Q1 2023 | -1.2% | +3.3% | +1.9% | |
| Q4 2022 | +6.5% | +2.6% | +2.5% | |
| Q3 2022 | +15.1% | +10.4% | +29.8% | |
| Q2 2022 | -10.6% | -11.3% | -29.7% | |
| Q1 2022 | -7.4% | -6.7% | +10.7% | |
| Q4 2021 | -1.2% | -1.5% | -3.8% | |
| Q3 2021 | +6.0% | +3.9% | -24.5% | |
| Q2 2021 | -2.1% | -1.4% | +10.9% | |
| Q1 2021 | +4.9% | -0.8% | +8.4% | |
| Q4 2020 | +4.9% | +5.9% | -9.7% | |
| Q3 2020 | +5.5% | +58.8% | +69.2% | |
| Q2 2020 | -3.0% | -6.7% | +33.6% | |
| Q1 2020 | +4.8% | +23.3% | -23.1% | |
| Q4 2019 | -12.2% | -22.0% | -65.0% | |
| Q3 2019 | -1.5% | -1.3% | -7.1% | |
| Q2 2019 | +0.6% | -2.2% | -3.0% | |
| Q1 2019 | -3.2% | -3.7% | -11.5% | |
| Q4 2018 | +2.7% | +2.7% | +8.0% | |
| Q3 2018 | -0.5% | -1.5% | -9.0% | |
| Q2 2018 | -0.6% | +2.3% | +5.5% | |
| Q1 2018 | -4.6% | -6.3% | -11.8% | |
| Q4 2017 | +9.0% | +7.2% | -3.8% | |
| Q3 2017 | -2.2% | -4.5% | +1.9% | |
| Q2 2017 | -1.5% | -1.8% | -11.8% | |
| Q1 2017 | -0.5% | +0.2% | -5.2% | |
| Q4 2016 | -2.6% | -3.5% | -0.3% | |
| Q3 2016 | -1.3% | +0.3% | -2.5% | |
| Q2 2016 | -1.9% | -0.2% | +1.7% | |
| Q1 2016 | +1.9% | — | — | |
| Q4 2015 | +2.8% | — | — | |
| Q3 2015 | +4.0% | — | — | |
| Q2 2015 | +0.9% | — | — | |
| Q1 2015 | -2.4% | — | — | |
| Q4 2014 | +7.8% | — | — | |
| Q3 2014 | +1.3% | — | — | |
| Q2 2014 | +3.6% | — | — | |
| Q1 2014 | -2.0% | — | — | |
| Q4 2013 | -2.0% | — | — | |
| Q3 2013 | -2.2% | — | — | |
| Q2 2013 | +4.6% | — | — | |
| Q1 2013 | -1.2% | — | — | |
| Q4 2012 | -4.9% | — | — | |
| Q3 2012 | +4.6% | — | — | |
| Q2 2012 | +1.3% | — | — | |
| Q4 2011 | +4.2% | — | — | |
| Q1 2012 | +2.4% | — | — | |
| Q4 2009 | -1.0% | — | — | |
| Q3 2011 | -1.2% | — | — | |
| Q3 2010 | -1.2% | — | — | |
| Q2 2011 | -0.3% | — | — | |
| Q1 2011 | +6.4% | — | — | |
| Q1 2010 | +6.4% | — | — | |
| Q2 2010 | +6.4% | — | — | |
| Q4 2010 | +6.4% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro