AMC Entertainment (NYSE: AMC) stock price has collapsed to a record low as concerns about the Box Office industry, high debt load, and potential for dilution rose. It has slipped by more than 26% in 2024, lagging the broader market as the S&P 500 and Nasdaq 100 indices have surged to a record high.Dilution risks remainCopy link to sectionAMC Entertainment is in trouble. It has over $4.5 billion in long-term debt, with two-thirds of it coming due by 2026. It also has a substantial negative working capital, d ...

CENTENNIAL, Colo.--(BUSINESS WIRE)--National CineMedia, Inc. (NASDAQ: NCMI), the managing member of National CineMedia, LLC (“NCM LLC”), the operator of the largest cinema advertising platform in the U.S., plans to issue its fourth quarter and full year 2023 earnings results after the market closes on Monday, March 18, 2024. A conference call and audio webcast to discuss the results will take place at 5:00 p.m. Eastern Time. The conference call can be accessed by dialing (877) 300-8521 or for international ...

Indeed, the recollection of the previous summer’s market downturn remains fresh. That episode, among others, reminded investors of the importance of being proactive in portfolio management, especially when evaluating potential strong-sell stocks.However, with the Nasdaq Composite reaching fresh highs recently, surpassing its 2021 peak, the market’s appetite for risk continues to grow. Transitioning to the S&P 500, its ascent to 5,137 marks the 15th record closure for the year, highlighting continued optimis ...

Following a dry spell last year, the release of Dune: Part Two has brought a significant surge in ticket sales to the US box office, offering a promising revival opportunity for the largest movie theater chain, AMC Entertainment (NYSE: AMC), and its stock.The film, produced by Warner Bros. (NASDAQ: WBD) and Legendary Entertainment, debuted with an estimated $81.5 million in US box office revenue and approximately $100 million internationally, totaling around $182 million for its opening weekend. This marks ...

LEAWOOD, Kansas--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc., (NYSE:AMC), the largest theatrical exhibitor in the United States and in the world, today announced that the Company’s Board of Directors has elected Sonia Jain to the AMC Board of Directors, effective March 1, 2024. Jain will serve as a Class III director of the Company with a term expiring at the Company’s 2026 Annual Meeting of Stockholders, and at that meeting will stand for re-election thereafter. She will serve as a Member of the A ...

Popcorn buckets are pictured during the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023.Move over Nicole Kidman. AMC has some new patron saints.In the final three months of 2023, AMC saw revenue increase by 12% and operating profit by one measure nearly tripled compared with the same period a year before. "Literally all" that growth was tied to concert films from Taylor Swift and Beyoncé, AMC CEO Adam Aron told analysts Wednesday."These two movies ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

AMC Entertainment Holdings, Inc. (NYSE:AMC) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants John Merriwether - VP of IR Adam Aron - Chairman and CEO Sean Goodman - CFO Conference Call Participants Eric Wold - B. Riley Securities Operator Greetings and welcome to the AMC Entertainment Holdings Fourth Quarter and Full Year 2023 Earnings Webcast. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, John Merriw ...

For the quarter ended December 2023, AMC Entertainment (AMC) reported revenue of $1.1 billion, up 11.5% over the same period last year. EPS came in at -$0.54, compared to -$1.40 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.06 billion, representing a surprise of +3.82%. The company delivered an EPS surprise of +22.86%, with the consensus EPS estimate being -$0.70.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...

AMC Entertainment (AMC) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.70. This compares to loss of $1.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.86%. A quarter ago, it was expected that this movie theater operator would post a loss of $0.20 per share when it actually produced a loss of $0.09, delivering a surprise of 55%.Over the last four quarters, the company ...