Cinemark reports mixed Q4 results with earnings miss, revenue increase, and dividend reinstatement
From StockTwits: 2025-02-19 10:28:15
Cinemark Holdings, Inc. reported mixed results for its fiscal year 2024 fourth quarter, with earnings per share of $0.33, missing estimates, but revenue climbing 27.5% to a record $814.3 million. CEO Sean Gamble attributed the success to better-than-expected industry performance, with 51 million moviegoers entertained in the quarter. The company reinstated its annual cash dividend of $0.32 per share, causing retail sentiment to remain ‘bullish’ on Stocktwits. However, Cinemark stock traded down 12.33% at $28.15 early Wednesday.
(Source: Stocktwits)
Read more at StockTwits: Cinemark Stock Plunges As Q4 EPS Miss Overshadows Record Revenue, Dividend Reinstatement: Retail Shrugs It Off