AMC Q4 Earnings Preview: Can Taylor Swift Success Offset 'Black Panther,' 'Avatar' And Analyst Concerns?
Movie theater company AMC Entertainment Holdings AMC $AMC Entertainment(AMC.US$ is set to report fourth-quarter financial results after market close Wednesday.
Here's a look at the earnings estimates, what analysts are saying and key items to watch.
AMC reported revenue of $990.9 million in last year's fourth quarter and had revenue of $1.406 billion in the most recently reported third quarter. The company has beaten analysts' revenue estimates in 10 straight quarters.
Analysts expect AMC to report a loss of 57 cents per share in the fourth quarter, compared to a loss of $1.40 per share in last year's fourth quarter. The company has beaten analyst estimates for earnings per share in five straight quarters and nine of the last 10 quarters.
The fourth-quarter results will come after AMC reported its best third-quarter revenue and EBITDA in company history. $AMC Entertainment(AMC.US$
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Revelation 6 : It will be over the top again, Swift style this time.