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AMC(AMC) - 2023 Q4 - Annual Results
2024-02-27 16:00
Exhibit 99.1 INVESTOR RELATIONS: John Merriwether, 866-248-3872 InvestorRelations@amctheatres.com MEDIA CONTACTS: Ryan Noonan, (913) 213-2183 rnoonan@amctheatres.com FOR IMMEDIATE RELEASE AMC Entertainment Holdings, Inc. Reports Fourth Quarter and Full Year 2023 Results LEAWOOD, KANSAS - (February 28, 2024) -- AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company"), today reported results for the fourth quarter and year ended December 31, 2023. Full Year 2023 Summary ● Total revenues grew 23% ...
Meme Stock Meltdowns: 3 Names to Sell Before They Crash
InvestorPlace· 2024-02-26 21:34
As the stock market evolves, the era of meme stocks seems to be a thing of the past.Popular meme stocks such as AMC Entertainment (NYSE:AMC) and Ocugen (NASDAQ:OCGN) have tanked in value, shedding most of their gains during the retail trading frenzy.Moreover, the Federal Reserve’s cautious stance on cutting interest rates, and prioritizing that adds another layer of uncertainty in the market. For those holding onto meme stocks, this signals a considerable increase in market volatility, making meme stocks’ h ...
Exploring Analyst Estimates for AMC Entertainment (AMC) Q4 Earnings, Beyond Revenue and EPS
Zacks Investment Research· 2024-02-23 15:21
Analysts on Wall Street project that AMC Entertainment (AMC) will announce quarterly loss of $0.65 per share in its forthcoming report, representing an increase of 53.6% year over year. Revenues are projected to reach $1.1 billion, increasing 10.5% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 6.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this pe ...
AMC Entertainment (AMC) Stock Declines While Market Improves: Some Information for Investors
Zacks Investment Research· 2024-02-22 00:16
The most recent trading session ended with AMC Entertainment (AMC) standing at $4.57, reflecting a -1.93% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.13%. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq lost 0.32%.Prior to today's trading, shares of the movie theater operator had gained 7.62% over the past month. This has outpaced the Consumer Discretionary sector's gain of 2.42% and the S&P 500's gain of 2.99% in that time. ...
AMC Entertainment (AMC) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Zacks Investment Research· 2024-02-21 16:06
The market expects AMC Entertainment (AMC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be r ...
It's Time! 7 Lackluster Meme Stocks to Sell in February
InvestorPlace· 2024-02-20 19:54
Savvy investors are shifting their focus towards meme stocks to sell, adapting to the stock market’s changing trends where meme stocks have fallen out of favor. The trend, fueled by social media, morphed low-quality stocks into overnight sensations, spurring short-lived surges in value as online communities banded together. However, the excitement surrounding these stocks often masks the risks involved with such investments, making it imperative to scrutinize these volatile assets.As the allure of meme stoc ...
AMC Stock: Adam Aron Teases ‘Much to Say' Ahead of Feb. 28
InvestorPlace· 2024-02-16 19:18
Many investors’ favorite meme stock AMC Entertainment (NYSE:AMC) is set to report earnings on Feb. 28. This upcoming earnings report should include some fireworks, and AMC stock is making a nice move heading into this report. Since bottoming below $3.60 per share earlier this month, shares of the movie theater giant have moved more than 30% higher, as investors appear to be looking for some sort of catalyst coming out of these earnings.In a recent tweet, AMC’s CEO Adam Aron pointed to the company’s upcoming ...
AMC's stock has tumbled. CEO Adam Aron says he'll ‘have much to say' on the company's Q4 earnings call.
Market Watch· 2024-02-16 12:56
Shares of AMC Entertainment Holdings Inc. have hit a series of record lows recently. AMC CEO Adam Aron says that he will “have much to say” about “what is going on” when the company reports its fourth-quarter results on Feb. 28.  “AMC will announce q4 and full year 2023 earnings Feb 28 at 5:00 pm EST,” he wrote on X, formerly known as Twitter, late Thursday. “I realize many of you have wanted my take as to what is going on, but the best time to do so is on this year ending earnings call. Listen to the we ...
Express's stock jumps 30% but is still down 38% on the week amid bankruptcy concerns
Market Watch· 2024-02-15 17:04
Express Inc.’s stock was up 29% on Thursday, but was still down 38% on the week, amid concerns that the troubled clothing retailer may be close to filing for bankruptcy. Express has hired M3 and law firm Kirkland & Ellis to advise it on the restructuring of nearly $280 million of debt that has become challenging to cover amid declining sales, the Wall Street Journal reported earlier this week. The... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from ...
Exit Now! 3 Meme Stocks to Sell in February 2024
InvestorPlace· 2024-02-14 17:10
Without a doubt, the meme-stock craze is over for the most part. Nearly all of the former meme favorites, from Gamestop (NYSE:GME) to Ocugen (NASDAQ:OCGN) to Vinco Ventures (OTC:BBIG), have lost the lion’s share of their peak values and are currently struggling, both from a fundamental perspective and in terms of their stock prices. Still, some names that are arguably meme stocks continue to sport high stock prices and lofty valuations. Many of these equities are in the crypto space. But there are a few out ...