| (USD) | Jun 2024 | Q/Q |
|---|---|---|
| Revenue | 734.2MM | +27% |
| Operating Income | - | - |
| Operating Expenses | - | - |
| Net Income | 45.8MM | +85% |
| G&A | - | - |
| Compensation | - | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stocks like DoubleDown Interactive Co., Ltd. (DDI), Acme United Corporation (ACU), Traeger, Inc. (COOK) and Cinemark Holdings, Inc. (CNK) are likely to gain once the Fed starts its rate cuts.
Cinemark (CNK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Discretionary stocks like PlayAGS, Inc. (AGS), Cinemark Holdings, Inc. (CNK), Hilton Grand Vacations Inc. (HGV), Royal Caribbean Cruises Ltd. (RCL) and YETI Holdings, Inc. (YETI) are likely to gain once the Fed starts its rate cuts.
Here is how K12 (LRN) and Cinemark Holdings (CNK) have performed compared to their sector so far this year.
Investors need to pay close attention to Cinemark (CNK) stock based on the movements in the options market lately.
While Monday was a bloodbath for most equities, the market wasn’t completely devoid of winners. One standout performer was movie theater owner and operator Cinemark (NYSE:CNK). On the surface, an enterprise with fading relevance to the consumer would seem problematic. However, CNK stock not only gained nearly 10% so far this week but shot up almost 14% in the past 5 trading days. Even better, it might not be done with its northward trek. Catapulting sentiment was the company’s surprisingly robus
Wall Street closed a turbulent week on Friday as the weakening labor market dismissed a Goldilocks economy and jacked up recession fearmongering
CNK earnings call for the period ending June 30, 2024.
Although the revenue and EPS for Cinemark (CNK) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Cinemark Holdings Inc (NYSE:CNK) reported a fiscal second-quarter 2024 sales decline of 22.1% year-on-year to $734.2 million, beating the analyst consensus estimate of $691.6 million. EPS of $0.32 beat the analyst consensus estimate of $0.09. Admissions revenue decreased 23.5% to $365.8 million, and concession revenue declined 21.6% to $292.9 million, driven by a 22.4% decrease in attendance to 50.0 million patrons. Also Read: Disney, AMC, And IMAX Stocks Surge After “Deadpool & Wolverine” Break