Wall Street analysts expect that AMC Entertainment Holdings Inc (NYSE:AMC) will report earnings of $0.19 per share for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for AMC Entertainment’s earnings. The highest EPS estimate is $0.40 and the lowest is $0.01. AMC Entertainment reported earnings per share of $0.30 in the same quarter last year, which suggests a negative year-over-year growth rate of 36.7%. The company is expected to report its next earnings report on Thursday, March 7th.

According to Zacks, analysts expect that AMC Entertainment will report full-year earnings of ($0.25) per share for the current year, with EPS estimates ranging from ($0.49) to $0.20. For the next financial year, analysts expect that the company will post earnings of $0.44 per share, with EPS estimates ranging from ($0.16) to $0.94. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow AMC Entertainment.

AMC Entertainment (NYSE:AMC) last announced its quarterly earnings data on Thursday, November 8th. The company reported ($0.82) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.49) by ($0.33). AMC Entertainment had a negative net margin of 6.17% and a negative return on equity of 0.63%. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period last year, the business earned ($0.33) earnings per share. The company’s quarterly revenue was up 3.6% compared to the same quarter last year.

A number of brokerages have issued reports on AMC. ValuEngine lowered shares of AMC Entertainment from a “buy” rating to a “hold” rating in a report on Saturday, November 10th. Wedbush raised shares of AMC Entertainment to a “buy” rating and set a $25.00 price objective for the company in a report on Friday, November 9th. Barrington Research reaffirmed a “buy” rating and set a $22.00 price objective on shares of AMC Entertainment in a report on Friday, November 9th. Finally, MKM Partners lowered shares of AMC Entertainment from a “buy” rating to a “neutral” rating and set a $21.00 price objective for the company. in a report on Friday, September 14th. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $21.81.

In related news, EVP John D. Mcdonald sold 17,500 shares of the firm’s stock in a transaction on Monday, October 15th. The shares were sold at an average price of $18.70, for a total value of $327,250.00. Following the completion of the transaction, the executive vice president now directly owns 39,462 shares of the company’s stock, valued at $737,939.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Wanda America Investment Holdi sold 75,826,927 shares of the firm’s stock in a transaction on Friday, September 7th. The shares were sold at an average price of $1.82, for a total transaction of $138,005,007.14. The disclosure for this sale can be found here. Company insiders own 0.80% of the company’s stock.

Hedge funds have recently bought and sold shares of the stock. Bank of Montreal Can grew its holdings in shares of AMC Entertainment by 141.4% in the second quarter. Bank of Montreal Can now owns 9,006 shares of the company’s stock valued at $143,000 after purchasing an additional 5,275 shares in the last quarter. Macquarie Group Ltd. purchased a new position in shares of AMC Entertainment in the second quarter valued at $165,000. Chartwell Investment Partners LLC purchased a new position in shares of AMC Entertainment in the second quarter valued at $166,000. First Dallas Securities Inc. purchased a new position in shares of AMC Entertainment in the second quarter valued at $171,000. Finally, Hollencrest Capital Management purchased a new position in shares of AMC Entertainment in the third quarter valued at $208,000. 40.23% of the stock is owned by hedge funds and other institutional investors.

Shares of AMC opened at $14.05 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 4.27. AMC Entertainment has a 1 year low of $12.30 and a 1 year high of $21.45. The company has a market cap of $1.79 billion, a price-to-earnings ratio of -15.79 and a beta of 0.83.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 26th. Investors of record on Monday, December 10th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.69%. The ex-dividend date is Friday, December 7th. AMC Entertainment’s dividend payout ratio (DPR) is presently -89.89%.

About AMC Entertainment

AMC Entertainment Holdings, Inc, through its subsidiaries, operates in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of December 31, 2017, it owned, operated, or had interests in 649 theatres with a total of 8,224 screens in the United States; and 365 theatres and 2,945 screens internationally.

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Earnings History and Estimates for AMC Entertainment (NYSE:AMC)

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