Streetbeat News

AMC

AMC Entertainment Holdings, Inc.

https://www.amctheatres.com

Industry

Entertainment

AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas.

Open

4.58

Mkt cap

1.7B

Volume

8.2M

High

4.67

P/E Ratio

-3.29

52-wk high

11.88

Low

4.45

Div yield

N/A

52-wk low

2.38

AMC is facing challenges in capitalizing on the domestic box office rebound due to its significant long-term debt of over $4 billion, which impacts its financial performance.

Portfolio Pulse from

November 18, 2024 | 12:15 pm

AMC Entertainment reported mixed Q3 2024 results with improved concession sales but weaker attendance. US market admissions revenues underperformed the domestic box office by 3% and Cinemark by 10%. However, food and beverage revenue per customer increased by 15% year-over-year.

Portfolio Pulse from

November 12, 2024 | 11:00 pm

AMC Entertainment Holdings, Inc. (AMC) has been trending among Zacks.com users, indicating increased interest in the stock. Investors are keen to understand the factors that could influence AMC's future performance.

Portfolio Pulse from

November 12, 2024 | 3:30 pm

AMC Entertainment reported better-than-expected earnings for Q3, but the company continues to face financial stress, burning through over $92 million in cash. Despite various debt deals, AMC's balance sheet remains weak.

Portfolio Pulse from

November 08, 2024 | 6:15 am

AMC Entertainment plans to reinvest up to $1.5 billion in its theaters, but faces challenges balancing this investment with its debt repayments, as noted by Wedbush.

Portfolio Pulse from

November 07, 2024 | 4:30 pm

AMC and GameStop, once popular among day traders, have lost their appeal as meme stocks, with attention shifting to Trump Media during the election cycle.

Portfolio Pulse from

November 07, 2024 | 12:00 pm

AMC Theatres has announced the launch of 'XL at AMC', a new initiative featuring extra-large screens with 4K laser projection. This follows successful testing in Europe and aims to enhance the moviegoing experience in the US.

Portfolio Pulse from

November 07, 2024 | 12:00 pm

AMC Entertainment Holdings has shown progress in its third-quarter results, reducing its total corporate borrowings from $4.58 billion to $4.14 billion. Despite its large debt, the company's improvements have left its CEO feeling 'almost euphoric.'

Portfolio Pulse from

November 07, 2024 | 9:45 am

AMC Entertainment's Q3 earnings report provides insights into its performance for the quarter ending September 2024. The report compares key metrics against Wall Street estimates and the previous year's figures.

Portfolio Pulse from

November 07, 2024 | 1:45 am

AMC Entertainment reported a Q3 loss of $0.04 per share, which was better than the Zacks Consensus Estimate of a $0.07 loss. This is an improvement from the $0.09 loss per share a year ago.

Portfolio Pulse from

November 07, 2024 | 12:30 am

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