AMC Entertainment Holdings, Inc. reports results for the quarter ended September 30 - Earnings Summary

• AMC Entertainment Holdings, Inc. AMC.N reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -56 cents. The mean expectation of seven analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from -6 cents to 16 cents per share.

• Revenue rose 31.6% to $1.71 billion from a year ago; analysts expected $1.54 billion.

• The company reported quarterly net income of $109.3 million.

• AMC Entertainment Holdings, Inc. shares had risen by 9.3% this quarter and gained 110.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 181.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the leisure & recreation peer group is "buy."

• Wall Street's median 12-month price target for AMC Entertainment Holdings, Inc. is $3.25, about 8.3% below its last closing price of $3.52

This summary was machine generated from LSEG data November 4 at 10:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)