Equities analysts expect AMC Entertainment Holdings Inc (NYSE:AMC) to report $0.32 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for AMC Entertainment’s earnings. The highest EPS estimate is $0.37 and the lowest is $0.25. AMC Entertainment reported earnings of $0.37 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 13.5%. The firm is expected to issue its next earnings results on Tuesday, February 27th.

On average, analysts expect that AMC Entertainment will report full-year earnings of ($1.23) per share for the current year, with EPS estimates ranging from ($1.35) to ($1.08). For the next fiscal year, analysts anticipate that the company will report earnings of $0.29 per share, with EPS estimates ranging from $0.17 to $0.57. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow AMC Entertainment.

AMC Entertainment (NYSE:AMC) last issued its quarterly earnings results on Monday, November 6th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.04). The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.16 billion. AMC Entertainment had a negative return on equity of 6.20% and a negative net margin of 3.87%. The firm’s quarterly revenue was up 51.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.31 earnings per share.

Several analysts have recently weighed in on the company. Zacks Investment Research downgraded AMC Entertainment from a “hold” rating to a “sell” rating in a research report on Thursday, December 21st. B. Riley reiterated a “buy” rating and set a $30.00 target price (down from $30.50) on shares of AMC Entertainment in a research report on Tuesday, November 7th. Citigroup reiterated a “buy” rating and set a $21.00 target price (down from $30.00) on shares of AMC Entertainment in a research report on Monday, September 11th. Credit Suisse Group decreased their price objective on AMC Entertainment from $12.00 to $10.00 and set an “underperform” rating for the company in a report on Tuesday, November 7th. Finally, Wedbush restated a “buy” rating and issued a $15.50 price objective on shares of AMC Entertainment in a report on Tuesday, November 7th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $23.88.

A number of hedge funds have recently modified their holdings of the stock. Virginia Retirement Systems ET AL lifted its position in shares of AMC Entertainment by 1.9% during the 2nd quarter. Virginia Retirement Systems ET AL now owns 10,700 shares of the company’s stock valued at $243,000 after acquiring an additional 200 shares during the last quarter. Legal & General Group Plc grew its position in shares of AMC Entertainment by 2.6% in the second quarter. Legal & General Group Plc now owns 13,118 shares of the company’s stock valued at $301,000 after purchasing an additional 337 shares during the last quarter. Ameritas Investment Partners Inc. lifted its stake in shares of AMC Entertainment by 8.3% in the second quarter. Ameritas Investment Partners Inc. now owns 4,845 shares of the company’s stock valued at $110,000 after buying an additional 372 shares during the period. Pacer Advisors Inc. lifted its stake in shares of AMC Entertainment by 12.0% in the second quarter. Pacer Advisors Inc. now owns 5,600 shares of the company’s stock valued at $127,000 after buying an additional 601 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of AMC Entertainment by 1.0% in the second quarter. Bank of New York Mellon Corp now owns 445,078 shares of the company’s stock valued at $10,126,000 after buying an additional 4,485 shares during the period. 48.60% of the stock is owned by institutional investors and hedge funds.

Shares of AMC Entertainment (NYSE AMC) traded down $0.40 on Thursday, reaching $15.00. The company had a trading volume of 1,631,500 shares, compared to its average volume of 1,944,400. AMC Entertainment has a 12 month low of $10.80 and a 12 month high of $34.90. The company has a market capitalization of $1,986.75, a P/E ratio of -11.72, a PEG ratio of 5.27 and a beta of 1.37. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.53 and a current ratio of 0.53.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 18th. Investors of record on Monday, December 4th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.33%. The ex-dividend date was Friday, December 1st. AMC Entertainment’s dividend payout ratio (DPR) is -62.50%.

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AMC Entertainment 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.

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

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