Equities research analysts expect AMC Entertainment Holdings Inc (NYSE:AMC) to report earnings of $0.08 per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for AMC Entertainment’s earnings, with estimates ranging from $0.01 to $0.17. AMC Entertainment posted earnings of $0.29 per share during the same quarter last year, which indicates a negative year over year growth rate of 72.4%. The firm is expected to report its next earnings report on Monday, May 14th.
On average, analysts expect that AMC Entertainment will report full year earnings of $0.17 per share for the current year, with EPS estimates ranging from ($0.17) to $0.44. For the next year, analysts expect that the company will post earnings of $0.59 per share, with EPS estimates ranging from $0.26 to $0.81. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that that provide coverage for AMC Entertainment.
AMC Entertainment (NYSE:AMC) last issued its earnings results on Thursday, March 1st. The company reported ($2.14) EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($2.41). AMC Entertainment had a negative return on equity of 6.04% and a negative net margin of 9.59%. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the company earned $0.33 EPS. The firm’s quarterly revenue was up 53.0% compared to the same quarter last year.
Several institutional investors have recently made changes to their positions in the business. Brookstone Capital Management raised its holdings in shares of AMC Entertainment by 19.0% during the fourth quarter. Brookstone Capital Management now owns 23,761 shares of the company’s stock valued at $359,000 after acquiring an additional 3,800 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of AMC Entertainment by 26.7% during the fourth quarter. Gamco Investors INC. ET AL now owns 19,000 shares of the company’s stock valued at $287,000 after acquiring an additional 4,000 shares during the last quarter. Gabelli Funds LLC raised its holdings in shares of AMC Entertainment by 18.2% during the fourth quarter. Gabelli Funds LLC now owns 26,000 shares of the company’s stock valued at $393,000 after acquiring an additional 4,000 shares during the last quarter. Advisor Group Inc. raised its holdings in shares of AMC Entertainment by 445.3% during the fourth quarter. Advisor Group Inc. now owns 9,380 shares of the company’s stock valued at $141,000 after acquiring an additional 7,660 shares during the last quarter. Finally, Deprince Race & Zollo Inc. acquired a new position in shares of AMC Entertainment during the fourth quarter valued at approximately $151,000. 43.76% of the stock is owned by institutional investors and hedge funds.
Shares of AMC opened at $14.05 on Friday. AMC Entertainment has a 52 week low of $10.80 and a 52 week high of $32.10. The company has a debt-to-equity ratio of 2.27, a current ratio of 0.62 and a quick ratio of 0.62.
The firm also recently declared a quarterly dividend, which was paid on Monday, March 26th. Shareholders of record on Monday, March 12th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, March 9th. This represents a $0.80 dividend on an annualized basis and a yield of 5.69%. AMC Entertainment’s dividend payout ratio is currently -89.89%.
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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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