AMC Entertainment Holdings is in a good position for growth after the movie-theater chain and original meme stock reported better-than-expected fourth-quarter revenue last week.
AMC Entertainment (AMC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
AMC reported better-than-expected fourth-quarter revenue this week, boosted by an improving box office
While the top- and bottom-line numbers for AMC Entertainment (AMC) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
AMC Entertainment (AMC) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.54 per share a year ago.
The largest theater chain in the U.S. and the world, AMC Entertainment saw revenue and earnings for the last three quarters of 2024 blow past estimates with revenue up 18+% to $1.3 billion. Adjusted earnings before interest, taxes, depreciation and amortization (ebidta), a key metric for Wall Street, jumped to $164.8 million from $49.
The AMC stock price has remained under pressure this year, continuing a trend that started in May last year when it peaked at $11.88. It has retreated by 6% this year, lagging behind the S&P 500 and Nasdaq 100 indices that have moved to their all-time highs this year.
AMC Entertainment (AMC) finished the most recent trading session at $3.43, which is a decrease of 1.72% compared to the previous day.
AMC Entertainment (AMC) closed at $3.43 in the latest trading session, marking a -1.72% move from the prior day.
Recently, Zacks.com users have been paying close attention to AMC Entertainment (AMC). This makes it worthwhile to examine what the stock has in store.