Cineplex Q2 EPS $0.12 Misses $0.17 Estimate, Sales $383.724M Beat $375.277M Estimate
Cineplex (TSX:CGX) reported quarterly earnings of $0.12 per share which missed the analyst consensus estimate of $0.17 by 29.41 percent. This is a 500 percent increase over losses of $(0.03) per share from the same
Cineplex made less profit per share than experts predicted, even though it sold more stuff than expected. When a company earns less than people thought but sells more, it means they're spending too much money on running the business.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.