Is Cineplex stock a good investment?

Cineplex stock trades at a cheap multiple but remains a high-risk investment due to its weak balance sheet. Shares of Cineplex ( TSX:CGX) have trailed the broader markets significantly in the last four years. The Canadian cinema giant was decimated amid COVID-19 due to lockdowns and a massive slowdown in movie production.

When will Cineplex release earnings for Q3?

Cineplex reveals earnings for Q3 on November 9. Wall Street analysts expect Cineplex will release earnings per share of CAD 0.373. Track Cineplex stock price in real-time ahead here. On November 9, Cineplex is reporting earnings from the most recent quarter.

Is Cineplex a diversified media company?

Cineplex Inc is a diversified media company that operates chains of movie theaters. The company has four reporting segments: film entertainment and content; media; amusement and leisure; and location-based entertainment. The film entertainment and content segment include revenue from theater attendance.

Does Cineplex have a credit agreement?

TORONTO, Dec. 13, 2023 /CNW/ - (TSX: CGX) – Cineplex Inc. ("Cineplex" or the "Company"), a leading entertainment and media company, announced today it has entered into the Eighth Amended and Restated Credit Agreement ("Credit Agreement") with its lenders.