Analysts predict a quarterly loss of $0.20 per share for AMC Entertainment, with revenues expected to fall 1.9% to $1.28 billion compared to the previous year. The forecast indicates an 11.1% year-over-year decline in earnings.
Key metrics predicted by analysts include:
– Revenues from food and beverage: $428.73 million (down 3.9%)
– Revenues from other theatres: $136.63 million (down 1.6%)
– Admissions revenues: $706.53 million (down 2.1%)
This forecast is in line with a downward revision of 10% in the consensus EPS estimate for the quarter over the past 30 days. Analysts’ revisions often influence investors’ reactions to a company’s stock.
Investors can use these metrics to evaluate AMC Entertainment’s performance and consider the company’s prospects amidst market fluctuations. With a Zacks Rank #3 (Hold), AMC is expected to closely follow the overall market trend in the near term.
Source: https://www.nasdaq.com/articles/countdown-amc-entertainment-amc-q4-earnings-look-estimates-beyond-revenue-and-eps