AMC Entertainment Holdings, Inc. Class A Common Stock (AMC)
3.0800
+0.0300 (0.98%)
AMC Entertainment Holdings is a leading global theatrical exhibition company, primarily engaged in the business of operating cinemas
The company manages a vast array of movie theaters, offering a diverse selection of films, including the latest blockbusters and independent releases. In addition to showing films, AMC provides various entertainment experiences, including premium viewing options, dining services, and loyalty programs aimed at enhancing the moviegoing experience for its patrons. With a significant presence in the entertainment industry, AMC plays a crucial role in delivering cinematic experiences to audiences around the world.
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Shares of theater company AMC Entertainment (NYSEAMC) jumped 6.1% in the pre-market session after the company posted a strong fourth-quarter 2024 performance, far surpassing analysts' EBITDA forecasts, with adjusted EBITDA more than tripling from last year. Revenue also beat Wall Street estimates, fueled by a strong box office lineup and a 20% jump in attendance.
However, despite solid revenue and EBITDA gains, EPS fell well below expectations. Overall, this was a mixed yet decent quarter.
All three major indices were green in midday trading Wednesday as the S&P 500 and Nasdaq 100 looked to snap their four-day losing streaks. NVIDIA Corp.
Theater company AMC Entertainment (NYSEAMC) announced better-than-expected revenue in Q4 CY2024, with sales up 18.3% year on year to $1.31 billion. Its non-GAAP loss of $0.18 per share was 10.2% below analysts’ consensus estimates.
Apple and Amazon are increasingly embracing theatrical releases, AMC CEO Adam Aron said, but Netflix remains hesitant despite previous experiments—leaving the door open for potential industry-wide shifts in streaming and box office collaborations.
AMC Entertainment Holdings, Inc. (NYSEAMC) (“AMC” or “the Company”) today reported results for the fourth quarter and full year ended December 31, 2024, which have been posted to the Investor Relations section of AMC’s website at https://investor.amctheatres.com/.
Markets fell broadly Tuesday with the S&P 500 trading at five-week lows and the Nasdaq extending its three-day losing streak. The Dow Jones managed to recover midday while Wall Street digested a weaker-than-anticipated consumer confidence survey from the Conference Board, adding to concerns over the health of the U.S.
AMC Entertainment Holdings Inc (NYSEAMC) to report Q4 earnings, with expected loss of 18 cents/share and $1.30B in revenues. Stock down 24.49% in past year and facing bearish pressure. Analysts see 30% upside potential, current price at $3.36.
Stocks were volatile this week as bad news gave investors a reason to sell; that volatility will continue next week with key retail earnings and inflation news
AMC Entertainment Holdings, Inc. (NYSEAMC), the largest theatrical exhibitor in the United States and in the world, today announced that following a 23-year career at AMC as Senior Vice President, General Counsel & Secretary, Kevin Connor will retire from the Company, effective March 13, 2025. AMC has appointed Edwin (Eddie) Gladbach, currently Vice President, Legal, as Vice President, Interim General Counsel and Secretary. The Company will decide on the selection of its long-term General Counsel later in the year, with both internal and external candidates being considered.
