AMC Enter Hldgs Q2 Adj EPS $(0.43), Sales $1.03B, Both Inline
Portfolio Pulse from Benzinga Newsdesk
AMC Entertainment Holdings (NYSE:AMC) reported Q2 adjusted EPS of $(0.43) and sales of $1.03 billion, both in line with analyst estimates. However, sales decreased by 23.54% compared to the same period last year.
August 02, 2024 | 8:16 pm
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AMC Entertainment Holdings reported Q2 adjusted EPS of $(0.43) and sales of $1.03 billion, both meeting analyst estimates. However, sales decreased by 23.54% compared to the same period last year.
The earnings and sales figures met analyst expectations, which is neutral news. However, the significant year-over-year sales decline could be a concern for investors, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100