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Stock impact report

AMC Entertainment Gears Up for Q3 Earnings: What's in Store? [Yahoo! Finance]

AMC Entertainment Holdings, Inc. Class A (AMC) 
NASDAQ:AMEX Investor Relations: investor.amctheatres.com
Company Research Source: Yahoo! Finance
In the last reported quarter, the company's earnings missed the Zacks Consensus Estimate by 330%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar The Zacks Consensus Estimate has narrowed to a loss of 7 cents per share from a loss of 9 cents in the past 30 days. In the prior-year quarter, the company incurred a loss of 9 cents. The consensus mark for revenues is pegged at $1.33 billion, indicating a decline of 5.7% from the year-ago reported figure of $1.41 billion. AMC's third-quarter 2024 performance is likely to have been hurt by fewer high-demand releases. The company faces a challenging environment in the U.K. due to aggressive pricing from competitors, which might have limited its ability to increase ticket prices and capture market share. Continued closures of underperforming theaters might have reduced total ticket sales, affecting overall revenues. The Zacks Consensus Estimate for revenues from admissions, food and beverage, and other theater Show less Read more
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