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Earnings Update: Cinemark Releases its Quarterly Earnings on August 06, 2010 (CNK)

Written on Sun, 07/25/2010 - 3:03pm
By Chip Brian

Analysts, on average, expect Cinemark (NYSE:CNK) to report earnings of $0.27 on sales of $529 million on August 06, 2010.
For the full year, analysts expect the company to post EPS of $1.10. In the year-ago period, the company reported EPS of $0.36 on sales of $518 million.
In the previous quarter, the company reported EPS of $0.33, topping consensus estimates of $0.21.
SmarTrend is bearish on shares of Cinemark and our subscribers were alerted to Sell on May 11, 2010 at $17.77. The stock has fallen 18.4% since the alert was issued.

Keywords: cinemark earnings preview

Ticker(s): CNK

Contact Chip Brian



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