IMAX Corporation: Undervalued Relative To Revenue Growth And Margin Expansion Potential
IMAX Corporation has a long growth runway in international markets, as the foreign markets' IMAX theater network penetration rate is lower than that for the US. IMAX can achieve higher profit margins in the future with rising top line contribution from alternative content that boosts the company's overall capacity utilization rate. IMAX stock is trading at below 1 times PEG, which implies that it is undervalued relative to its financial improvement potential.
Big Screen Stock Soars on Blockbuster Q2 Earnings
Entertainment technology platform operator IMAX Co. NYSE: IMAX stock hit 52-week highs following its robust Q2 2024 earnings release. The company has been able to survive and thrive in the motion picture industry even as cinemas and movie theater operators struggle.
Imax (IMAX) International Revenue Performance Explored
Evaluate Imax's (IMAX) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
These Analysts Boost Their Forecasts On Imax After Q2 Results
IMAX Corporation IMAX reported better-than-expected second-quarter sales results on Thursday.
IMAX Q2 Earnings Beat, Revenues Fall Y/Y on Box Office Slump
IMAX's second-quarter 2024 results reflect the negative impacts of sluggish total revenues and box office performance.
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.
