Published on 22 Jan 2022 on Zacks via Yahoo Finance
In the latest trading session, AMC Entertainment (AMC) closed at $17.97, marking a -0.55% move from the previous day. This change was narrower than the S&P 500's daily loss of 1.89%. Meanwhile, the Dow lost 1.3%, and the Nasdaq, a tech-heavy index, lost 0.17%.
Coming into today, shares of the movie theater operator had lost 36.64% in the past month. In that same time, the Consumer Discretionary sector lost 3.32%, while the S&P 500 lost 1.79%.
AMC Entertainment will be looking to display strength as it nears 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, the Zacks Consensus Estimate for revenue is projecting net sales of $1.16 billion, up 611.43% from the year-ago period.