Netflix shadow over exhibitor sector [Seeking Alpha]
Cinemark Holdings Inc Cinemark Holdings, Inc. (CNK)
Last cinemark holdings inc cinemark holdings, inc. earnings: 2/21 06:15 am
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Source: Seeking Alpha
Netflix shadow over exhibitor sectorThe unlimited spending by Netflix (NASDAQ:NFLX) is a long-term threat to the exhibitor sector, warns MoffettNathanson. Netflix has 80 titles scheduled to be released this year, adding to the pressure on Cinemark (NYSE:CNK), AMC Entertainment (NYSE:AMC), Reading International (NASDAQ:RDI) and Marcus Corporation (NYSE:MCS) to get moviegoers out of the house.The investment firm expects the U.S. box office to grow 1% this year as higher ticket prices offset a drop in traffic.Click to subscribe to real-time analytics on AMCNow read:Netflix: Shareholders Need To Act On This Now And Take Profits »
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News
- Earnings Preview: Cinemark Holdings (CNK) Q1 Earnings Expected to Decline [Yahoo! Finance]Yahoo! Finance
- Cinemark Holdings, Inc. (NYSE: CNK) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $23.00 price target on the stock.MarketBeat
- Texas man sues movie theater chain, alleges ‘deceptive' drink sizes [FOX Business Network]FOX Business Network
- Cinemark Holdings, Inc. (NYSE: CNK) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $24.00 price target on the stock.MarketBeat
- Cinemark to Host First Quarter 2024 Earnings Conference CallBusiness Wire
CNK
Earnings
- 2/16/24 - In-Line
CNK
Sec Filings
- 4/9/24 - Form DEFA14A
- 4/2/24 - Form ARS
- 4/2/24 - Form DEFA14A
- CNK's page on the SEC website