AMC Entertainment (AMC) Projected to Post Earnings on Friday

AMC Entertainment (NYSE:AMC - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Friday, August 1st. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $1.30 billion for the quarter.

AMC Entertainment (NYSE:AMC - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported ($0.58) EPS for the quarter, beating analysts' consensus estimates of ($0.61) by $0.03. The company had revenue of $862.50 million for the quarter, compared to analysts' expectations of $983.23 million. During the same period in the previous year, the firm posted ($0.62) earnings per share. The business's revenue for the quarter was down 9.3% on a year-over-year basis. On average, analysts expect AMC Entertainment to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

AMC Entertainment Price Performance

AMC traded down $0.14 on Monday, reaching $3.11. 9,024,941 shares of the company traded hands, compared to its average volume of 13,487,486. The stock's 50 day moving average price is $3.21 and its 200-day moving average price is $3.10. AMC Entertainment has a 52-week low of $2.45 and a 52-week high of $5.56. The company has a market cap of $1.34 billion, a price-to-earnings ratio of -3.17 and a beta of 1.43.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on AMC shares. Wedbush upgraded shares of AMC Entertainment from a "neutral" rating to an "outperform" rating and lifted their target price for the company from $3.00 to $4.00 in a research note on Friday, July 11th. Roth Mkm reduced their target price on shares of AMC Entertainment from $3.25 to $3.00 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. Citigroup restated a "sell" rating and issued a $2.60 price objective (up from $2.30) on shares of AMC Entertainment in a research note on Thursday, May 29th. Finally, B. Riley started coverage on shares of AMC Entertainment in a research note on Friday, May 16th. They issued a "neutral" rating and a $3.00 price objective for the company. Three analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $4.26.

Hedge Funds Weigh In On AMC Entertainment

A hedge fund recently raised its stake in AMC Entertainment stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in AMC Entertainment Holdings, Inc. (NYSE:AMC - Free Report) by 21.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 240,255 shares of the company's stock after acquiring an additional 41,860 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.06% of AMC Entertainment worth $690,000 at the end of the most recent quarter. Institutional investors own 28.80% of the company's stock.

AMC Entertainment Company Profile

AMC Entertainment Holdings, Inc, through its subsidiaries, engages in the theatrical exhibition business. It owns, operates, or has interests in theatres in the United States and Europe. The company was founded in 1920 and is headquartered in Leawood, Kansas.