TV & Moviesbreaking news
Cinemark's third-quarter net income hits $124.2 million, up from $50.5 million a year ago
The theater chain's quarter ran ahead of FactSet estimates on both revenue and earnings per share, while two analysts split on the stock.
A quarter that more than doubled profit
Cinemark's net income for the third quarter came to $124.2 million, up from $50.5 million a year earlier. [1] The exhibitor unveiled its results on a Tuesday, posting higher revenue and earnings than a year ago. [1] If you follow theater stocks or the business of moviegoing, the numbers are the story.
The figures cover the three months to September 30, 2026. [1] Cinemark said it would report pre-market. [2]
The numbers line by line
Revenue for the quarter was $1.06 billion, against a FactSet estimate of $1.04 billion. [2] Earnings per share were $1.04, against an estimate of $0.98. [2]
Admissions revenue was $530.8 million, up from $427.7 million a year earlier. [1] Concession revenue came to $413.9 million, compared with $336.7 million in the same period of 2025. [1] Attendance was 63.7 million customers. [1]
Adjusted EBITDA rose to $276.6 million, compared with $177.6 million a year earlier. [1]
What drove the results
A strong movie slate allowed Cinemark to sustain gains from the summer 2026 Hollywood box office rebound into its latest financial quarter. [1] That rebound has lifted the hopes of major studios and exhibitors coming out of the pandemic era. [1]
Cinemark reported a record domestic summer box office. [2] The company says Spider-Man: Brand New Day set a record as the film crossed $2 billion at the box office. [2] Separately, B. Riley says the domestic box office hit a third-quarter record amid a boost from the Avengers Endgame re-release. [2]
CEO Sean Gamble said that translating positive box office momentum from summer releases into consistent, meaningful earnings growth reflects the strength of the company's operating model, team, and strategic initiatives. [1]
Screens, partners and analysts
Cinemark plans to add 20 SCREENX auditoriums across the U.S. and Latin America, in an expansion with CJ 4DPLEX. [2] It has also entered a strategic partnership with the Dallas Cowboys, under which it is the team's official movie theater. [2] The company has 18,176 employees. [2]
Analysts took different views. Deutsche Bank raised its price target to $44 from $40 and maintained a Buy rating. [2] JPMorgan downgraded the stock to Neutral from Overweight and adjusted its price target to $39 from $40. [2]
What it means for you
If you hold or follow Cinemark shares, the quarter beat FactSet estimates on revenue and EPS. [2] Deutsche Bank and JPMorgan reached different ratings after the results, with price targets of $44 and $39. [2]
If you want to hear the company's own account, a replay of the earnings call is available at ir.cinemark.com and is archived for a limited time. [2]
Sources
- Cinemark Posts Sharply Higher Third-Quarter Results Amid Hollywood Box Office Rebound — The Hollywood Reporter
- Cinemark to Host Third Quarter 2026 Earnings Conference Call — MarketScreener
Written from the sources above and checked twice before publishing. How we work · Report an error
