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Benzinga
Benzinga
Business
Melanie Schaffer

How AMC Entertainment Stock Looks Heading Into Q1 Earnings

AMC Entertainment Holdings, Inc (NYSE:AMC) is set to print its first-quarter financial results after the market close Monday. The stock was trading over 6% lower at one point, heading into the event and remains down over 63% from the March 29 high of $34.33.

After the theater chain printed its fourth-quarter beat on March 1, AMC closed the following two trading days flat to its pre-reporting price. For that quarter, AMC reported a net loss of 11 cents per share on revenues of $1.17 billion, which beat the consensus estimate of a loss of 26 cents per share on revenues of $1.09 billion.

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