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Fly News Breaks for July 7, 2017
CNK
Jul 7, 2017 | 05:58 EDT
Loop Capital analyst David Miller lowered his Q2 estimates for Cinemark Holdings to reflect adverse currency moves relating to the company's Latin American operations. The analyst, however, recommends buying the shares on weakness. He cut his Q2 earnings estimate to 35c from 64c and expects the consensus estimate of 60c to come down in the next few weeks. Miller keeps a Buy rating on Cinemark.
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