AMC Entertainment Holdings, Inc. (AMC) is scheduled to report first-quarter 2024 results on May 8, after market close. In the last reported quarter, the company’s earnings topped the Zacks Consensus Estimate by 22.9%.AMC Entertainment’s earnings remarkably topped the consensus mark in each of the last four quarters, the average surprise being 50.4%.How are Estimates Placed?The Zacks Consensus Estimate has widened to a loss of 62 cents per share from a loss of 60 cents over the past 7 days. In the prior-year ...

Cineplex operator AMC Entertainment (NYSE:AMC) is facing a high-stakes opportunity to right the ship. Amid big questions about its debt load, the company will reveal its full first-quarter earnings results on May 8. While a positive contextual framing could temporarily boost AMC stock, it continues to run against significant industry-wide headwinds.Earlier this week, the movie theater chain spooked investors when it revealed that Q1 revenue will land at $951.4 million. In contrast, the company posted sales ...

AMC Entertainment (AMC) closed the most recent trading day at $2.97, moving +1.37% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.34%. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.33%.The movie theater operator's shares have seen a decrease of 5.48% over the last month, surpassing the Consumer Discretionary sector's loss of 8.44% and falling behind the S&P 500's loss of 4.05%.Market participants will be closely following the financial ...

Cineplex operator AMC Entertainment (NYSE:AMC) is attempting to instill faith in investors, though Monday’s 11% decline obviously isn’t helping. A disappointing financial disclosure combined with a seeming disconnect in messaging has clouded AMC stock.Last Friday, AMC head executive Adam Aron posted satisfaction with the company’s financial results, noting that they were “stronger than consensus analysts estimates.” Per the official press release, net loss for the quarter ended March 31 will come in at $163 ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Top movie theater circuit AMC Entertainment offered investors a preview of its first-quarter financial results late Friday, with key metrics coming in ahead of Wall Street expectations. The company plans to report its final quarterly numbers on May 8. Occasionally, public companies release preliminary numbers, especially those under scrutiny as AMC is during its recovery from the dual strikes of 2023. Like its peers in exhibition, the company has been hurt by a slowdown in the overall production pipeline, ...

Embattled cineplex operator AMC Entertainment (NYSE:AMC) may be mulling over a debt extension proposal. According to inside sources familiar with the matter, such a move would push back the company’s near-term debt maturities. Even without the liabilities overhang, AMC stock suffers from broader industry-wide demand erosion.According to a Bloomberg report, a lender group to the movie theater operator forwarded the aforementioned debt payment extension proposal. As of Dec. 31 of last year, AMC owes approxima ...

AMC Entertainment (AMC) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the s ...

AMC Entertainment (NYSE: AMC) stock price continued its strong sell-off this month as concerns about the company remained. This month, it has dropped by over 23%, bringing the year-to-date losses to almost 50%. That makes it one of the worst-performing companies in Wall Street.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Slow growth and high debt loadCopy link to sectionAMC Entertainment is facing major headwinds, causing many investors to believe ...

These stocks that are vulnerable to rate cuts won’t be saved by a potential interest rate cut. Readers can take that statement one of two ways. It’s either a reflection that rate cuts are now expected to occur later than previously expected, and that the firms will run out of time. Or, it implies that even if rate cuts are quickly enacted that it won’t be enough to save these firms. I’d suggest that in either case the firms discussed are not worthy of investment. Each stock has suffered in the face of conti ...