IMAX Corporation (IMAX) Q2 2024 Earnings Call Transcript
IMAX Corporation (NYSE:IMAX ) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Jennifer Horsley - Head-Investor Relations Richard Gelfond - Chief Executive Officer Natasha Fernandes - Chief Financial Officer Conference Call Participants Chad Beynon - Macquarie Eric Wold - B. Riley Securities David Joyce - Seaport Research Partners Steven Frankel - Rosenblatt Securities Omar Mejias - Wells Fargo David Karnovsky - JPMorgan Mike Hickey - The Benchmark Company James Goss - Barrington Research Operator Good day and thank you for standing by.
Why Imax Stock Was Climbing Today
Imax beat a low bar in the second quarter. The company raised guidance for installations this year.
Imax (IMAX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Imax (IMAX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Imax (IMAX) Beats Q2 Earnings and Revenue Estimates
Imax (IMAX) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.26 per share a year ago.
Why Imax (IMAX) is Poised to Beat Earnings Estimates Again
Imax (IMAX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Analysts Estimate Imax (IMAX) to Report a Decline in Earnings: What to Look Out for
Imax (IMAX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
IMAX Expands Footprint in Saudi Arabia With Latest Partnership
IMAX is set to significantly expand its presence in Saudi Arabia through a groundbreaking partnership with muvi Cinemas.
Is the Options Market Predicting a Spike in Imax (IMAX) Stock?
Investors need to pay close attention to Imax (IMAX) stock based on the movements in the options market lately.
IMAX Corporation: Poised To Enjoy A Flywheel Effect (Rating Upgrade)
I expect IMAX to enjoy a strong flywheel effect, as it helps the movie industry to address consumers' preference for a premium experience. Per my model, I think IMAX could be worth $23. IMAX's growth runway is still long (now just 50% penetration.
IQ or IMAX: Which Is the Better Value Stock Right Now?
Investors interested in Film and Television Production and Distribution stocks are likely familiar with iQIYI, Inc. Sponsored ADR (IQ) and Imax (IMAX). But which of these two stocks offers value investors a better bang for their buck right now?
IMAX, Wanda Film Fortify Chinese Market Supremacy With New Deal
IMAX partners with Wanda Film in China to upgrade 61 top-performing locations to IMAX with laser.
Imax Expands Partnership With Wanda Film In China To Upgrade, Add Theaters
Imax and Wanda Film, China's largest exhibitor, have announced a big expansion of their longtime strategic partnership there spanning technology and content. The agreement calls for Wanda Film to upgrade 61 of its top performing locations to state-of-the-art Imax with Laser technology including in Beijing, Shanghai, Guangzhou and Shenzhen.
