Roth MKM Boosts Q2 Estimates for AMC Stock as Box Office Bounces

AMC Entertainment (NYSE:AMC) stock is in the spotlight after Roth MKM analyst Eric Handler lifted the company’s second-quarter revenue estimate to $1.012 billion from $946 million, implying a year-over-year (YOY) decline of 25%. The analyst’s estimate is just below the consensus analyst estimate for $1.018 billion.Handler also raised his Q2 adjusted EBITDA estimate to $7 million from a loss of $54 million. That’s well above the consensus analyst estimate for a loss of $7 million.Handler raised these estimat ...