AMC Entertainment Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• AMC Entertainment Holdings Inc AMC.N reported a quarterly adjusted loss of 58 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -76 cents. The mean expectation of six analysts for the quarter was for a loss of 59 cents per share. Wall Street expected results to range from -68 cents to -50 cents per share.

• Revenue fell 9.3% to $862.50 million from a year ago; analysts expected $837.05 million.

• AMC Entertainment Holdings Inc's reported EPS for the quarter was a loss of 47 cents​.

• The company reported a quarterly loss of $202.1 million.

• AMC Entertainment Holdings Inc shares had fallen by 5.6% this quarter and lost 31.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 44.3% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the leisure & recreation peer group is also "hold"

• Wall Street's median 12-month price target for AMC Entertainment Holdings Inc is $3.00

This summary was machine generated from LSEG data May 8 at 10:23 a.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)