IMAX's first-quarter 2024 results reflect the negative impacts of sluggish total revenues and box office performance, compounded by declining Greater China sales.
IMAX earnings call for the period ending March 31, 2024.
The average of price targets set by Wall Street analysts indicates a potential upside of 26.7% in Imax (IMAX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.