AMC Earnings Were Better Than Expected. The Stock Is Dropping. – Barrons

AMC Entertainment Holdings stock was falling Tuesday even after the theater firm and Reddit trader favorite reported a slimmer-than-expected third-quarter net loss.

AMC (ticker: AMC) posted a third-quarter net loss of $224.2 million, or 44 cents a share, after Monday’s market close. Revenue surged 539% year over year to $763.2 million. Wall Street’s consensus estimate called for a net loss of 53 cents a share and sales of $708.2 million, according to FactSet.


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