Alert: New Earnings Report (8/2/24)-AMC Entertainment Holdings Inc (NYSE: AMC).

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AMC Entertainment Holdings Inc (NYSE: AMC) has reported E.P.S. of $-0.10 for its second fiscal quarter (ending June 30) versus $0.01 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $-1.42 versus $-0.64 for the same period a year ago.

Recent Price Action

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AMC Entertainment Holdings Inc (NYSE: AMC) stock closed at $4.94 on 8/2/24 after a decline of -3.5%. However, this decline was accompanied by exceptionally low trading volume at 49% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -3.9% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, AMC is expected to be an important Value Eraser.

AMC Entertainment Holdings is currently unrated.

Rating Review

The stock is currently unrated.

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