Are Cinema's Finally Bouncing Back? Cinemark's Q1 Profit Paints A Bright Picture
Are Cinema's Finally Bouncing Back? Cinemark's Q1 Profit Paints A Bright Picture
Cinemark Holdings Inc (NYSE:CNK) reported a fiscal first-quarter 2024 sales decline of 5.2% year-on-year to $579.20 million, beating the analyst consensus of $560.38 million. EPS of $0.19 beat the analyst consensus loss of $(0.20).
Cinemark Holdings Inc（紐約證券交易所代碼：CNK）報告稱，2024財年第一季度銷售額同比下降5.2％，至5.7920億美元，超過了分析師共識的5.6038億美元。每股收益爲0.19美元，超過了分析師共識虧損的0.20美元。
Admissions revenue decreased 6.8% to $289.8 million, and concession revenue declined 4.9% to $224.2 million, driven by a 7.5% decrease in attendance to 39.7 million patrons.
入場收入下降6.8％，至2.898億美元，特許權收入下降4.9％，至2.242億美元，這得益於出席人數下降7.5％，至3,970萬名顧客。
Also Read: Netflix's 2024 Gains Are Cinema's Loss: AMC Shares Slump Despite Box Office Boost From Taylor Swift, Beyoncé
另請閱讀： Netflix2024年的漲勢是電影的虧損：儘管泰勒·斯威夫特和碧昂斯提振了票房，但AMC股價仍暴跌
The worldwide average ticket price was $7.30, and concession revenue per patron was $5.65.
全球平均門票價格爲7.30美元，每位顧客的特許權收入爲5.65美元。
As of March 31, 2024, the company's aggregate screen count was 5,708, and the company had commitments to open three new theatres and 33 screens over the next two years.
截至2024年3月31日，該公司的屏幕總數爲5,708個，該公司承諾在未來兩年內開設三個新影院和33個銀幕。
The company generated $70.7 million of adjusted EBITDA in the quarter versus $86.2 million a year ago.
該公司在本季度創造了7,070萬美元的調整後息稅折舊攤銷前利潤，而去年同期爲8,620萬美元。
Cinemark held $788.6 million in cash and equivalents as of March 31, 2024.
截至2024年3月31日，Cinemark持有7.886億美元的現金及等價物。
"2024 North American industry box office has kicked off better than expected, declining only modestly versus 2023 despite last year's strike-induced headwinds," stated Sean Gamble, Cinemark's President and CEO.
Cinemark總裁兼首席執行官肖恩·甘布爾表示：“儘管去年出現了罷工引發的不利因素，但2024年北美行業的票房開局好於預期，與2023年相比僅略有下降。”
Cinema operators are doling out deals and discounts to entice moviegoers as threats loom from streaming content.
隨着流媒體內容的威脅迫在眉睫，電影院運營商正在發放優惠和折扣以吸引電影觀衆。
Cinemark Holdings stock gained close to 4% in the last 12 months. Investors can gain exposure to the stock via Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) and Invesco Leisure And Entertainment ETF (NYSE:PEJ).
Cinemark Holdings的股票在過去12個月中上漲了近4％。投資者可以通過景順標普小盤公用事業與通信服務ETF（納斯達克股票代碼：PSCU）和景順休閒娛樂ETF（紐約證券交易所代碼：PEJ）獲得股票敞口。
Price Action: CNK shares are trading higher by 0.30% at $17.48 at the last check Friday.
價格走勢：在週五的最後一次支票中，CNK股價上漲0.30％，至17.48美元。
Photo via Wikimedia Commons
照片來自維基共享資源