Published on 14 Jan 2022 on Zacks via Yahoo Finance
AMC Entertainment (AMC) Stock Sinks As Market Gains: What You Should Know
AMC Entertainment (AMC) closed at $20.57 in the latest trading session, marking a -0.44% move from the prior day. This change lagged the S&P 500's 0.08% gain on the day. At the same time, the Dow lost 0.56%, and the tech-heavy Nasdaq lost 0.42%.
Heading into today, shares of the movie theater operator had lost 15.5% over the past month, lagging the Consumer Discretionary sector's loss of 1.36% and the S&P 500's gain of 0.22% in that time.
Investors will be hoping for strength from AMC Entertainment as it approaches its next earnings release. In that report, analysts expect AMC Entertainment to post earnings of -$0.17 per share. This would mark year-over-year growth of 94.6%. Meanwhile, our latest consensus estimate is calling for revenue of $1.16 billion, up 611.43% from the prior-year quarter.