Benzinga | Aug 4, 2020 06:40AM EDT

Cinemark Hldgs Q2 EPS $(1.45) Beats $(1.60) Estimate, Sales $8.97M Miss $11.53M Estimate

Cinemark Hldgs (NYSE:CNK) reported quarterly losses of $(1.45) per share which beat the analyst consensus estimate of $(1.60) by 9.38 percent. This is a 268.6 percent decrease over earnings of $0.86 per share from the same period last year. The company reported quarterly sales of $8.97 million which missed the analyst consensus estimate of $11.53 million by 22.17 percent. This is a 99.06 percent decrease over sales of $957.76 million the same period last year.