AMC Entertainment (NYSE:AMC - Get Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.80) per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
AMC Entertainment (NYSE:AMC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported ($0.54) EPS for the quarter, beating analysts' consensus estimates of ($0.70) by $0.16. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.06 billion. On average, analysts expect AMC Entertainment to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
AMC Entertainment Stock Up 1.5 %
Shares of AMC traded up $0.04 during trading hours on Wednesday, reaching $2.98. 14,789,560 shares of the company traded hands, compared to its average volume of 15,588,696. AMC Entertainment has a fifty-two week low of $2.38 and a fifty-two week high of $62.30. The stock has a fifty day simple moving average of $3.76 and a 200 day simple moving average of $5.56.
Analyst Upgrades and Downgrades
AMC has been the topic of a number of analyst reports. Wedbush reaffirmed a "neutral" rating and set a $4.00 price objective on shares of AMC Entertainment in a research note on Monday. B. Riley decreased their price objective on AMC Entertainment from $12.00 to $8.00 and set a "neutral" rating on the stock in a research note on Thursday, February 29th. Four equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Reduce" and a consensus price target of $5.95.
View Our Latest Stock Analysis on AMC Entertainment
About AMC Entertainment
(
Get Free Report)
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.
Recommended Stories
Before you consider AMC Entertainment, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AMC Entertainment wasn't on the list.
While AMC Entertainment currently has a "Strong Sell" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
