11:22 AM EDT, 07/28/2025 (MT Newswires) -- Cinemark (CNK) is expected to benefit from a more consistent release slate of movies over the next several quarters, Wedbush said in a Monday note ahead of the company's Q2 results on Friday.
The company is also set to reduce its debt next month with minimal stock dilution, likely to raise its dividend in the near term, and continues to stay ahead by investing in its movie theaters, mainly laser projectors, while looking to build new facilities and explore potential merger-and-acquisition opportunities, analysts said in the note.
Cinemark should retain its market share this year as its 30 million loyalty members visit its theaters more frequently, Wedbush said. Over the next few years, box office revenue is expected to grow in the mid-to-high single digits, and then in the low-to-mid single digits, the firm added.
For Q2, the company is expected to post strong results but tough comp, with Q2 revenue seen at $931 million, up 27% year over year but below the $943 million consensus, amid a projected decline in international attendance per screen and ticket sales, according to the note.
Wedbush reiterated its outperform rating and price target of $37 on the stock.
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