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On Thursday, August 8, AMC Entertainment Hldgs (NYSE:AMC) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
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Wall Street analysts see AMC Entertainment reporting earnings of 14 cents per share on revenue of $1.46 billion.
AMC Entertainment Hldgs reported a profit of 17 cents when it published results during the same quarter last year. Sales in that period totaled $1.44 billion. If the company were to post earnings inline with the consensus estimate when it reports Thursday, EPS would be down 17.65%. Sales would be up 1.18% on a year-over-year basis. AMC Entertainment's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | -0.540 | 0.17 | -0.47 | 0.1 |
| EPS Actual | -1.250 | 0.53 | -0.82 | 0.17 |
Stock Performance
Over the past 52-week period, shares of AMC Entertainment have declined 34.57%. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The popular rating by analysts on AMC Entertainment stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
AMC Entertainment is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: http://investor.ncm.com/events
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.