PLANO, Texas (AP) — PLANO, Texas (AP) — Cinemark Holdings Inc. (CNK) on Friday reported second-quarter profit of $45.8 million.
On a per-share basis, the Plano, Texas-based company said it had profit of 32 cents.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The movie theater owner posted revenue of $734.2 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $693.2 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNK at https://www.zacks.com/ap/CNK