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AMC Entertainment Holdings stock price, AMC
AMC Entertainment Holdings stock chart:
AMC Entertainment Holdings close price: 26.9
Stock price forecast:
UP TO +2.79%
Total forecasts: 82
Reached: 16 (19.51%)
Total Win: 21.59 (72.56%)
Showing 1-10 of 423 items.
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AMC Entertainment Holdings latest news:
AMC lawsuit settlement shaves reported fourth-quarter earnings
AMC Entertainment Holdings Inc. late Friday restated its results for the fourth quarter following a litigation settlement charge. The $7 million settlement, which the movie-theater chain characterized as pertaining to "a lawsuit filed several years ago," reduced AMC's earnings results by 4 cents a share for the quarter and the year, the company said. AMC reported a fourth-quarter profit of 33 cents a share on Feb. 28. AMC shares were unchanged at $30.15 after hours.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
AMC Network shares pop nearly 14% after 'The Walking Dead' owner reports Q4 earnings
Shares of AMC Networks Inc. , the network responsible for zombie-drama hit "The Walking Dead," gained nearly 14% after the company reported fourth-quarter earnings that were better than Wall Street expected. The media and entertainment company reported adjusted earnings of $1.30 per share, which was above the $1.27 per-share consensus from analysts tracked by FactSet. And revenue hit $729.6 million, while FactSet had forecast for $710.0 million in revenue. "['The Walking Dead'] is a powerful example of programming that we own and distribute that commands a loyal audience, attracts advertising revenues and has significant ancillary revenues that will benefit our business for years to come," AMC Chief Executive Josh Sapan said in a statement. Shares of AMC are down nearly 9% in the last 12 months, while the S&P 500 Index is up 23%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
'The Walking Dead' owner AMC Networks reports better-than-expected Q4 earnings
AMC Networks Inc. reported profit and revenue for the fourth quarter on Thursday that came in above Wall Street expectations. Net income for the quarter was $14.5 million, or 20 cents per share, compared with $90.1 million, or $1.23 per share, during the same period a year ago. Adjusted earnings per share were $1.30, above FactSet's consensus of $1.27. Revenue increased 7.5% to $729.6 million in the quarter, compared with $679.0 million in the year-earlier period. Fourth-quarter revenue was above the $710.0 million FactSet had forecast. The media and entertainment company said revenues at its national networks segment, which includes AMC, WE tv and BBC America to name a few, rose 9.2% to $614.1 million. AMC's hit show "The Walking Dead" is the No. 1 show on TV and AMC Chief Executive Josh Sapan said in a statement that it "Is a powerful example of programming that we own and distribute that commands a loyal audience, attracts advertising revenues and has significant ancillary revenues that will benefit our business for years to come." Shares of AMC were inactive in premarket trade, but are down 16% in the last 12 months, while the S&P 500 Index is up 23%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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