PLANO, Texas (AP) — PLANO, Texas (AP) — Cinemark Holdings Inc. (CNK) on Thursday reported third-quarter net income of $187.8 million.
On a per-share basis, the Plano, Texas-based company said it had profit of $1.19.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The movie theater owner posted revenue of $921.8 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $891.7 million.
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