Compared to Estimates, Imax (IMAX) Q2 Earnings: A Look at Key Metrics

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Imax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Total IMAX System installations: 38 versus the two-analyst average estimate of 37.
• Revenues- Content Solutions: $34.69 million versus $34.9 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +2% change.
• Revenues- All other: $3.35 million versus the six-analyst average estimate of $2.18 million. The reported number represents a year-over-year change of +60.9%.
• Revenues- Technology Products and Services: $64.81 million versus $57.31 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +16.6% change.
• Revenues- Finance income: $3.03 million compared to the $3.05 million average estimate based on two analysts. The reported number represents a change of +5.4% year over year.
• Gross Margin- Content solutions: $21.91 million versus $23.24 million estimated by five analysts on average.
• Gross Margin- All Other: $1.97 million versus $0.95 million estimated by five analysts on average.
• Gross Margin- Technology Products and Services: $39.02 million compared to the $31.57 million average estimate based on five analysts.

View all Key Company Metrics for Imax here>>>

Shares of Imax have returned -10.5% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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