AMC Entertainment Holdings, Inc. (NYSE:AMC) is set to announce its earnings results before the market opens on Monday, November 6th. Analysts expect the company to announce earnings of ($0.29) per share for the quarter.

AMC Entertainment Holdings (NYSE:AMC) last released its quarterly earnings results on Friday, August 4th. The company reported ($1.35) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($1.41). AMC Entertainment Holdings had a negative return on equity of 3.44% and a negative net margin of 2.49%. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the prior year, the firm posted $0.24 earnings per share. AMC Entertainment Holdings’s revenue for the quarter was up 57.3% compared to the same quarter last year. On average, analysts expect AMC Entertainment Holdings to post $-1.11 EPS for the current fiscal year and $0.49 EPS for the next fiscal year.

AMC Entertainment Holdings, Inc. (NYSE:AMC) opened at 14.75 on Monday. AMC Entertainment Holdings, Inc. has a 12-month low of $12.05 and a 12-month high of $35.65. The firm has a 50-day moving average of $14.81 and a 200 day moving average of $20.32. The stock’s market capitalization is $1.93 billion.

AMC Entertainment Holdings announced that its Board of Directors has authorized a share buyback plan on Thursday, August 3rd that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 58% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

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In other news, CEO Adam M. Aron bought 35,000 shares of the stock in a transaction dated Thursday, September 14th. The shares were acquired at an average price of $15.79 per share, with a total value of $552,650.00. Following the completion of the acquisition, the chief executive officer now directly owns 125,426 shares in the company, valued at $1,980,476.54. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jack Qunyao Gao bought 7,000 shares of the stock in a transaction dated Wednesday, August 16th. The stock was purchased at an average cost of $13.47 per share, for a total transaction of $94,290.00. Following the acquisition, the director now owns 10,500 shares of the company’s stock, valued at $141,435. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 62,000 shares of company stock worth $896,940. Insiders own 0.80% of the company’s stock.

AMC has been the topic of a number of analyst reports. Barclays PLC set a $16.00 price objective on shares of AMC Entertainment Holdings and gave the company a “hold” rating in a report on Tuesday, August 29th. Zacks Investment Research upgraded shares of AMC Entertainment Holdings from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Tuesday, October 17th. Citigroup Inc. restated a “buy” rating and issued a $21.00 price objective (down from $30.00) on shares of AMC Entertainment Holdings in a report on Monday, September 11th. Loop Capital restated a “buy” rating and issued a $39.00 price objective on shares of AMC Entertainment Holdings in a report on Monday, July 10th. Finally, William Blair initiated coverage on shares of AMC Entertainment Holdings in a report on Friday, July 21st. They issued a “market perform” rating on the stock. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $26.46.

AMC Entertainment Holdings Company Profile

AMC Entertainment Holdings, Inc is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc (AMCE), American Multi-Cinema, Inc (OpCo) and its subsidiaries, is engaged in the theatrical exhibition business. It operates through theatrical exhibition operations segment. It licenses first-run motion pictures from distributors owned by film production companies and from independent distributors.

Earnings History for AMC Entertainment Holdings (NYSE:AMC)

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