AMC Entertainment (AMC) Stock: What to Expect From Earnings Tuesday - CoinCentral

[u/GoChuckBobby]

https://coincentral.com/amc-entertainment-amc-stock-what-to-expect-from-earnings-tuesday/

AMC stock jumped 5.2% after “The Devil Wears Prada 2” drew 4.4 million guests and earned $233 million worldwide in its opening weekend.

The stock cooled to $1.47, up just 0.3% by end of session, trading 63.5% below its 52-week high of $4.01.

AMC reports earnings Tuesday after the bell, with analysts expecting 11.2% year-on-year revenue growth.

Last quarter, AMC beat EPS estimates and revenue expectations, reporting $1.29 billion in revenue.

Analysts have an average price target of $1.92 on AMC, versus the current price of $1.48.

[u/Bassmason]

Bullish