73.3 F
Fort Worth
Saturday, September 19, 2020
- Advertisements -
CCBP Cinemark: 2Q Earnings Snapshot

Cinemark: 2Q Earnings Snapshot

Other News

Mall owners close to buying JC Penney out of bankruptcy

By ANNE D'INNOCENZIO AP Retail WriterNEW YORK (AP) — Mall owners Simon Property Group and Brookfield Property Partners are close to a...

Whiskey Cake Kitchen & Bar hires Ray Risley as president, CEO

 Whiskey Cake Kitchen & Bar announced Aug.12 the hiring of Ray Risley as its new President and Chief Operating Officer. 

What to Know: The ‘new normal’ office, a new Texas sanger, Plano decorating and we lament the powder-blue Oldsmobile Cutlass

Texas has some great music. There’s Willie of course and Bob Wills and don’t forget Sam the Sham and the Pharaohs (Sam...

Where’s the Dr Pepper?

First toilet paper, now Dr Pepper? Now the COVID-19 really has it out for Texas.


PLANO, Texas (AP) _ Cinemark Holdings Inc. (CNK) on Tuesday reported a second-quarter loss of $170.4 million, after reporting a profit in the same period a year earlier.


On a per-share basis, the Plano, Texas-based company said it had a loss of $1.45. Losses, adjusted for restructuring costs, were $1.32 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.46 per share.


The movie theater owner posted revenue of $9 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $6.9 million.
Cinemark shares have fallen 65% since the beginning of the year. The stock has dropped 70% in the last 12 months.


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

- Advertisements -
- Advertisements -

Latest News

1000Bulbs.com leases in Mesquite

Urban Logistics Realty (ULR), is pleased to announce that it has executed its first lease at Urban District 30 (UD30) in Mesquite...

Credit Union of Texas promotes several

Credit Union of Texas (CUTX) announced today that it has promoted several individuals to its upper management team. Courtney Coss has been...

Collin County Real Deals: August-September Report

 Kaizen Development Partners, in partnership with McKinney Economic Development Corporation (MEDC) has announced plans for a new 200,000-square-foot spec office project in the District...

Former Penney’s executive named CFO at UNT Dallas

The University of North Texas at Dallas announced that Arthur Bradford, a successful finance leader in the corporate sector, has been named...

Mall owners close to buying JC Penney out of bankruptcy

By ANNE D'INNOCENZIO AP Retail WriterNEW YORK (AP) — Mall owners Simon Property Group and Brookfield Property Partners are close to a...