After the market closes, AMC Entertainment (AMC) will release its Q4 earnings report.
According to the current Cap IQ Consensus estimates, the company is expected to post an adjusted loss of $0.21 per share for the quarter, which is wider than the loss of $0.16 per share reported for the same period last year.
The estimates also predict a decline in revenue of 16.8% year-over-year, with expected revenue of $980 million. However, it is worth noting that in the previous quarter, AMC beat Q3 estimates. Following this positive outcome, the company's shares increased by approximately two points.
TECHS:
It is worth mentioning that the shares of AMC have risen by approximately 80% year-to-date.
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