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AMC Entertainment: Financial Stress Increases
Seeking Alpha· 2024-11-08 06:00
I am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the investment management industry. I have been active in the markets for several years, and am primarily focused on long/short equities. I hold a Bachelor of Science Degree from Lehigh University, where I double majored in Finance and Accounting, with a minor ...
AMC(AMC) - 2024 Q3 - Earnings Call Transcript
2024-11-07 02:28
AMC Entertainment Holdings, Inc. (NYSE:AMC) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants John Merriwether - VP, Capital Markets and IR Adam Aron - Chairman and CEO Sean Goodman - CFO Conference Call Participants Jim Goss - Barrington Research Alicia Reese - Wedbush Securities Operator Greetings and welcome to the AMC Entertainment Holdings Third Quarter 2024 Earnings Webcast. At this time, all participants are in a listen-only mode. A question-and-answer session will fol ...
AMC Entertainment (AMC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-11-07 01:36
For the quarter ended September 2024, AMC Entertainment (AMC) reported revenue of $1.35 billion, down 4.1% over the same period last year. EPS came in at -$0.04, compared to -$0.09 in the year-ago quarter.The reported revenue represents a surprise of +1.20% over the Zacks Consensus Estimate of $1.33 billion. With the consensus EPS estimate being -$0.07, the EPS surprise was +42.86%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...
AMC Entertainment (AMC) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-11-07 00:15
AMC Entertainment (AMC) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this movie theater operator would post a loss of $0.10 per share when it actually produced a loss of $0.43, delivering a surprise of -330%.Over the last four quarters, the compa ...
AMC(AMC) - 2024 Q3 - Quarterly Report
2024-11-06 21:36
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q March 31, (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33892 AMC ENTERTAINMENT HOLDINGS, INC. (Exact name of registrant as specified in its charter) De ...
AMC(AMC) - 2024 Q3 - Quarterly Results
2024-11-06 21:23
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 LEAWOOD, KANSAS - (November 6, 2024) -- AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company"), today reported results for the three months ended September 30, 2024. Third Quarter 2024 Summary Results: ● Total revenues were $1,348.8 million. ● Net loss was $(20.7) million compared to net earnings of $12.3 mi ...
AMC Stock Trades Higher Ahead Of Q3 Earnings: Will Sentiment Shift For Retail Favorite?
Benzinga· 2024-11-06 16:11
AMC Entertainment Holdings Inc AMC is set to report third-quarter earnings Wednesday. Wall Street expects AMC to report a loss of 11 cents per share for the quarter and $1.33 billion in revenues when the company reports after market hours.The stock is down 59.91% over the last year and 28.15% year to date.Let’s look at what the charts indicate for AMC stock and how the stock maps against Wall Street estimates.Read Also: AMC Survival Against Challenging Sector Brings Magic Comparison: ‘Harry Houdini Works At ...
AMC expected to post decent earnings as focus shifts to debt management
Proactiveinvestors NA· 2024-11-04 20:41
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
AMC Entertainment Gears Up for Q3 Earnings: What's in Store?
ZACKS· 2024-11-04 17:30
AMC Entertainment Holdings, Inc. (AMC) is scheduled to report third-quarter 2024 results on Nov. 6, after market close. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 330%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.AMC’s Q3 EstimatesThe Zacks Consensus Estimate has narrowed to a loss of 7 cents per share from a loss of 9 cents in the past 30 days. In the prior-year quarter, the company incurred a loss of 9 cents.The consensus mark for ...
AMC Entertainment (AMC) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-11-01 14:20
The upcoming report from AMC Entertainment (AMC) is expected to reveal quarterly loss of $0.07 per share, indicating an increase of 22.2% compared to the year-ago period. Analysts forecast revenues of $1.33 billion, representing a decrease of 5.7% year over year. The current level reflects a downward revision of 11.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this per ...