AMC Entertainment: 3Q Earnings Snapshot
LEAWOOD, Kan. (AP) _ AMC Entertainment Holdings Inc. (AMC) on Thursday reported a loss of $100.4 million in its third quarter.
On a per-share basis, the Leawood, Kansas-based company said it had a loss of 82 cents. Losses, adjusted for one-time gains and costs, were 74 cents per share.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 49 cents per share.
The movie theater operator posted revenue of $1.22 billion in the period, which met Street forecasts.
AMC Entertainment shares have increased 20 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.14, an increase of 54 percent in the last 12 months.