Log in

AMC Entertainment: Q4 Earnings Snapshot


LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — AMC Entertainment Holdings Inc. (AMC) on Wednesday reported a loss of $182 million in its fourth quarter.

On a per-share basis, the Leawood, Kansas-based company said it had a loss of 83 cents. Losses, adjusted for one-time gains and costs, came to 54 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 70 cents per share.

The movie theater operator posted revenue of $1.1 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $1.06 billion.

For the year, the company reported that its loss narrowed to $396.6 million, or $2.37 per share. Revenue was reported as $4.81 billion.

In the final minutes of trading on Wednesday, the company's shares hit $4.99. A year ago, they were trading at $71.40.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMC at https://www.zacks.com/ap/AMC