AMC is poised to ride the box office rebound, as long as its debt doesn't get in the way
The domestic box office is on the rebound, but AMC's debt load is preventing it from fully capitalizing on the revival. The company has more than $4 billion in long-term debt on the books and interest payments weigh heavily on its bottom line.
AMC Entertainment: Mixed Q3 2024 Results With Improved Concession Sales And Weaker Attendance
AMC's US market admissions revenues underperformed the domestic box office by 3% in Q3 2024. AMC also underperformed Cinemark (for US admissions revenue growth) by 10% in Q3 2024 after showing similar growth results in 1H 2024. AMC's food and beverage revenue per customer increased by 15% year-over-year.
Here is What to Know Beyond Why AMC Entertainment Holdings, Inc. (AMC) is a Trending Stock
Zacks.com users have recently been watching AMC Entertainment (AMC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
AMC Entertainment: Financial Stress Increases
AMC reported top and bottom-line beats for Q3, as it usually does. The company burned through more than $92 million in cash in Q3. Despite numerous debt deals, the balance sheet is still in terrible shape.
AMC touts theater investment plan but faces balancing act, Wedbush says
AMC Entertainment is planning to reinvest up to $1.5 billion in its theaters but faces a balancing act amid debt repayments, according to analyst firm Wedbush.
AMC Shares Slide. Why the Movie Theater Chain Has Lost Its Meme-Stock Magic.
AMC and GameStop were once the go-to stocks for day traders looking to make a quick buck—but they've lost their crown to the likes of Trump Media this election cycle.
AMC Entertainment boss ‘almost euphoric' over third-quarter improvements
Cinema chain AMC Entertainment Holdings (NYSE:AMC) continues to be plagued by a jumbo debt pile, although the meme stock favourite's third-quarter results show progress is being made. Total corporate borrowings currently stand at $4.14 billion, down from $4.58 billion at the start of the year.
AMC Entertainment Holdings, Inc. (AMC) Q3 2024 Earnings Call Transcript
AMC Entertainment Holdings, Inc. (AMC) Q3 2024 Earnings Call Transcript
AMC Entertainment (AMC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for AMC Entertainment (AMC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
AMC Entertainment (AMC) Reports Q3 Loss, Tops Revenue Estimates
AMC Entertainment (AMC) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.09 per share a year ago.
AMC Stock Trades Higher Ahead Of Q3 Earnings: Will Sentiment Shift For Retail Favorite?
AMC Entertainment Holdings Inc AMC is set to report third-quarter earnings Wednesday. Wall Street expects AMC to report a loss of 11 cents per share for the quarter and $1.33 billion in revenues when the company reports after market hours.
AMC's third-quarter results on deck amid signs of a cinema industry rebound
AMC Entertainment Holdings Inc. will report third-quarter results after market close Wednesday amid signs that the cinema industry is bouncing back from the devastation wrought by the COVID-19 pandemic.
