NYSE:CNKEntertainment
Cinemark (CNK) Stock Price Ignores Record Cash Flow And Margin Surge
Cinemark Holdings stock barely flinched after earnings, ticking up about 1% to US$36.59, yet the results behind that quiet move were anything but ordinary. The company booked its first quarter with more than US$1.0b in worldwide revenue and reported record adjusted earnings before interest, tax, depreciation and amortization near US$294m, a level that matters in a capital intensive theater business.
In the short term, traders saw a routine green day. Over a longer horizon, investors saw a...