AMC Entertainment Holdings, Inc. Class A Common Stock (AMC)
2.8000
+0.0400 (1.45%)
NYSE · Last Trade: Sep 11th, 10:16 PM EDT
Detailed Quote
Previous Close
2.760
Open
2.770
Bid
2.800
Ask
2.810
Day's Range
2.760 - 2.870
52 Week Range
2.450 - 5.560
Volume
13,390,933
Market Cap
1.05B
PE Ratio (TTM)
-3.077
EPS (TTM)
-0.9
Dividend & Yield
0.1200 (4.29%)
1 Month Average Volume
9,985,723
Chart
About AMC Entertainment Holdings, Inc. Class A Common Stock (AMC)
AMC Entertainment Holdings is a leading global theatrical exhibition company, primarily engaged in the business of operating cinemas. The company manages a vast array of movie theaters, offering a diverse selection of films, including the latest blockbusters and independent releases. In addition to showing films, AMC provides various entertainment experiences, including premium viewing options, dining services, and loyalty programs aimed at enhancing the moviegoing experience for its patrons. With a significant presence in the entertainment industry, AMC plays a crucial role in delivering cinematic experiences to audiences around the world. Read More
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Shares of theater company AMC Entertainment (NYSE:AMC) jumped 3.2% in the afternoon session after it reported strong second-quarter financial results that surpassed analyst expectations for both revenue and earnings. The company reported second-quarter revenue of $1.40 billion, a 35.6% increase from the previous year, beating analysts' consensus estimate of $1.36 billion. On the profitability front, AMC broke even with an adjusted earnings per share of $0.00, which was a strong performance compared to Wall Street's expectation of a loss. The company's financial recovery was further underscored by a positive free cash flow of $88.9 million, a sharp turnaround from a negative $79.2 million in the same quarter last year.
AMC Entertainment Holdings (NYSE: AMC) experienced a significant surge in its stock price, jumping 7.5% following the release of its better-than-expected earnings report. This impressive performance has ignited a wave of optimism among investors, signaling a potential turning point for the beleaguered cinema chain and the broader entertainment sector.
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AMC reported second-quarter revenue of $1.4 billion, beating analyst estimates of $1.34 billion, according to Benzinga Pro. The company reported breakeven adjusted earnings per share versus estimates for a loss of 9 cents per share.
