The Company operates in the United States and Latin America. The move came on solid … (Bloomberg) -- Movie theater operator Cinemark Holdings Inc. sued its insurer for refusing to cover $400 million in losses and legal expenses linked to the coronavirus pandemic. Plano, TX 75093 The results matched Wall Street expectations. Cinemark Holdings, Inc. (NYSE:CNK) (the "Company") announced today that the previously announced cash tender offer by its wholly-owned subsidiary, Cinemark USA, Inc. ("Cinemark USA"), to purchase any and all of Cinemark USA’s 5.125% Senior Notes due 2022 (the "Notes") expired at 5:00 p.m., New York City time, on March 11, 2021 (the "Expiration Time"). Beta is a measure of a stock's volatility, compared to the market as a whole. (Bloomberg) -- The U.S. may start going back to the movies in July, though the experience will probably look different, according to Cinemark Holdings Inc., the country’s third-largest theater chain. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. United States, Cinemark Reaches Exhibition Pacts With Four More Major Studios, National CineMedia, Inc. to Participate in Goldman Sachs Sixth Annual Credit and Leveraged Finance Conference, National CineMedia, Inc. Reports Results for Fiscal First Quarter 2021, Cinemark Announces New Agreements with All Five Major Studio Partners to Exhibit Films Theatrically, Cinemark Holdings, Inc. Reports Results for the First Quarter of 2021, Cinemark To Show Army of the Dead in Theatres Across the U.S. (Bloomberg) -- Cinemark Holdings Inc. is exploring financing options including accessing private sources of capital to shore up its liquidity, according to people with knowledge of the matter, as its 345 movie theaters across the U.S. are shuttered due to the coronavirus pandemic. The Company operates in the United States and Latin America. Cinemark Holdings has been profitable 9 over the past 10 years. Cinemark Holdings is the third- largest motion picture exhibitor in the United States. Plano, TX 75093 Touch device users, explore by touch or with swipe gestures. Over the past twelve months, the company had a revenue of $686.3 million and loss of $5.24 a share. Announces First Quarter Earnings Release Date and Conference Call, Cinemark to Expand Footprint in Utah with New Theatre in Riverton, Cinemark to Host First Quarter 2021 Earnings Conference Call. (Bloomberg) -- Shares of AMC Entertainment Holdings Inc. and other movie-theater chains surged on Monday after New York Governor Andrew Cuomo announced that some theaters in the state would be able to reopen. Transfer Agent . The largest U.S. theater chain, AMC Entertainment Holdings Inc., warned it could run out of cash as soon as January. (Bloomberg) --Cinemark Holdings Inc.’s just-reopened Texas theaters won’t show one of the only new movies that’s out right now, a result of a widening disagreement between studios and cinemas over how long films should exclusively show on the big screen. Cinemark Reaches Exhibition Pacts With Four More Major Studios, National CineMedia, Inc. to Participate in Goldman Sachs Sixth Annual Credit and Leveraged Finance Conference, National CineMedia, Inc. Reports Results for Fiscal First Quarter 2021, Cinemark Announces New Agreements with All Five Major Studio Partners to Exhibit Films Theatrically, Cinemark Holdings, Inc. Reports Results for the First Quarter of 2021, Cinemark To Show Army of the Dead in Theatres Across the U.S. Suite 500 Cinemark Holdings, Inc. operates movie theaters. The Company operates in the United States and Latin America. Dec. 22, 2020, 11:11 PM. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to … Following the Expiration … Before it's here, it's on the Bloomberg Terminal. Bloomberg the Company & Its Products The Quint. Its operating margin is … 3900 Dallas Parkway Cinemark Sues Insurer for $400 Million in Covid-Related Losses. (Bloomberg) -- Comcast Corp.’s Universal Pictures struck a deal with Cinemark Holdings Inc. to allow its films to go to home video after a shorter period of time, marking the second such agreement for a studio upending decades of tradition. Cinemark Sees Movie Theaters Slowly Reopening in July. The Company operates in the United States and Latin America. The company operates 4,568 screens in 37 states and 12 Latin American countries. In the last year, its revenue is down 33%. Cinemark Holdings, Inc. operates movie theaters. Primarily due to the effects of the closing of theaters in mid-March, Cinemark Holdings, Inc.’s total revenues for the three months ended March 31, 2020 fell … Cinemark Holdings, Inc.'s Growth. Photographer: Christopher Lee/Bloomberg , Bloomberg. Given that we are looking at Cinemark Holdings as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. AMC jumped as much as … Factory Mutual failed to honor policy, according to complaint; Movie theater business has been devastated by the pandemic ; Movie … The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings … Announces First Quarter Earnings Release Date and Conference Call, Cinemark to Expand Footprint in Utah with New Theatre in Riverton, Cinemark to Host First Quarter 2021 Earnings Conference Call, We Like the Medium-Term Dollar Down Story: TD's McCormick, 3900 Dallas Parkway Cinemark Holdings (CNK) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2021. Photographer: Christopher Lee/Bloomberg Theater chain Cinemark Holdings Inc. said it now has agreements with all five major film studios on new terms of theatrical exhibition, codifying a … Prior to Release on Netflix, Cinemark to Participate in May Virtual Investor Conferences, National CineMedia, Inc. Cinemark … Cinemark Holdings, Inc. 3900 Dallas Parkway Plano, TX 75093 Investor Relations. Cinemark Holdings, Inc. operates movie theaters. It is headquartered in Plano, Texas, in the Dallas–Fort Worth area. Bloomberg | Quint is a multiplatform, Indian business and financial … Cinemark(CNK) reported second quarter earnings of 46 cents per share, lower than the Zacks Consensus Estimate of 51 cents per share (Bloomberg) -- Movie theater operator Cinemark Holdings Inc. sued its insurer for refusing to cover $400 million in losses and legal expenses linked to the coronavirus pandemic. (Bloomberg) -- Movie theater operator Cinemark Holdings Inc. sued its insurer for refusing to cover $400 million in losses and legal expenses linked to the coronavirus pandemic. When autocomplete results are available use up and down arrows to review and enter to select. A moviegoer receives a ticket at a Cinemark Holdings Inc. theater. Suite 500 By Laurel Brubaker Calkins and Kelly Gilblom. Cinemark Holdings, Inc.CNK was a big mover last session, as the company saw its shares rise more than 5% on the day. Earnings Announcement for Period Ending Q2/2021. Cinemark Holdings, Inc. operates movie theaters. Bloomberg. (See Cinemark Holdings stock analysis on TipRanks) On March 1, Wedbush analyst Michael Pachter maintained a Buy rating and a price target of … NEW YORK, NY / ACCESSWIRE / May 7, 2021 / Cinemark Holdings, Inc. (NYSE:CNK) will be discussing their earnings results in their 2021 First … Prior to Release on Netflix, Cinemark to Participate in May Virtual Investor Conferences, National CineMedia, Inc. Cinemark Holdings, Inc. operates movie theaters. Over the last three years, Cinemark Holdings, Inc. has shrunk its earnings per share by 42% per year. Chanda Brashears SVP Investor Relations T: 972-665-1500 investors@cinemark.com. Christopher Lee/Bloomberg via Getty Images . Get the latest Cinemark Holdings, Inc. (CNK) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. In this calculation we've used 12%, which is based on a levered beta of 1.872. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The Company operates in the United States and Latin America. Cinemark Holdings, Inc. (stylized as CineMark) is an American movie theater chain that started operations in 1961 as Cinemark USA, Inc. and since then it has operated theaters with hundreds of locations throughout the Americas and in Taiwan. (Bloomberg) -- Theater chains such as AMC Entertainment Holdings Inc. and Cinemark Holdings Inc. are firing back at Warner Bros. after the studio overhauled its film-release strategy and sent their shares plummeting. The Cinemark website and mobile app (together, the “Site”) is an online store where you can participate in the Cinemark Movie Rewards Program and purchase movie tickets, gift cards, Supersavers discounts, and certain merchandise provided by, or through, Cinemark USA, Inc. (“Cinemark,” “us,” “our,” “we”) subject to your compliance with the Terms and Conditions set forth below. United States. (Bloomberg) -- Theater chains such as AMC Entertainment Holdings Inc. and Cinemark Holdings Inc. are firing back at Warner Bros. after the studio overhauled its film-release strategy and sent their shares plummeting. Adam Aron, chief executive officer of AMC, said he opened up an “immediate and urgent dialogue” with the studio, which announced plans to have all its major 2021 … Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Comcast Corp.’s Universal Pictures struck a deal with Cinemark Holdings Inc. to allow its films to go to home video after a shorter period of time, marking the second such agreement for a studio upending decades of tradition. Vehicles drive past a Cinemark Holdings Inc. movie theater in the Playa Vista neighborhood of Los Angeles, California, U.S., on Tuesday, Oct. 31, 2017. Cinemark reported higher than expected Q1 earnings and revenue estimate The Company operates in the United States and Latin America Cinemark Holdings, Inc. has shrunk its earnings share. Down arrows to review and enter to select market as a whole has been 9! 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