AMC stock is seeing increasing short demand and skyrocketing borrow fees. Plus, an important vote and a critical earnings report for the company are both ...
AMC is scheduled to report its Q4 financial results on February 28th. Could an earnings surprise be just the positive driver needed to spur a short squeeze?
Shares of AMC Entertainment soared 23% Monday on news that a potential dilutive share authorization could be delayed.
AMC Preferred Equity Units, which could ultimately convert to common stock pending shareholder votes, were down 4.4% to $2.05. AMC stock (ticker: AMC) rose 23% to $7.61 on Monday. ](https://www.barrons.com/market-data/stocks/amc)
AMC Entertainment Holdings Inc.'s stock jumped more than 21% Monday on the eve of the meme-stock darling's fourth-quarter earnings.
“This rally is totally unjustified and shows that many investors still haven’t learned their lesson on how to allocate capital intelligently,” he said, in a note Monday. The S&P 500 index [SPX,](/investing/index/SPX?mod=MW_story_quote)rose 0.2% Monday and has fallen 2.5% in the last five days. AMC exited its fiscal third-quarter with debt of $5.325 billion and with cash and cash equivalents of $684.6 million. [rallied recently](https://www.marketwatch.com/story/amcs-stock-jumps-nearly-20-in-2-days-approaching-bullish-long-term-technical-breakout-75de4afa?mod=article_inline), climbing 46.2% in the past five days. AMC has been on a roller-coaster ride over the past two years that has taken it from beleaguered pandemic victim to meme-stock phenomenon. [AMC, +22.74%](/investing/stock/AMC?mod=MW_story_quote)to disclose a fourth-quarter loss of 21 cents a share, or a loss of 19 cents on an adjusted basis, when the company reports results after market close Tuesday. The special meeting of shareholders is scheduled for March 14, 2023, according to the SEC filing. In an SEC filing last month, AMC announced a special meeting of shareholders to increase the number of AMC authorized shares from just over 524 million to 550 million and authorize a 1-for-10 reverse split of the company’s common stock, converting APEs into shares of common stock. “AMC has plenty of cash to continue operating through an improved theatrical environment in 2023 with its vast network of premium large format screens, while chipping away at its massive debt balance,” she wrote. However, AMC’s Preferred Equity units [APE, -5.09%](/investing/fund/APE?mod=MW_story_quote)fell 3.9% Monday and have fallen 13.5% in the last five days. The company’s sales were $968.4 million, compared with $763.2 million in the same period last year. [engaged](https://www.marketwatch.com/story/amcs-ape-conversion-a-massive-opportunity-to-wipe-out-debt-and-drive-expansion-says-analyst-11675092735?mod=article_inline&mod=article_inline) in a battle to eliminate its debt burden.
AMC stock is rallying on reports that there will be court intervention in the APE share conversion, helping to prevent dilution in AMC.
On the date of publication, Bret Kenwell did not have (either directly or indirectly) any positions in the securities mentioned in this article. That’s not the highest short interest in the world. For now though, it doesn’t seem to matter to the bulls. [According to Fintel](https://fintel.io/ss/us/amc), roughly 25% of AMC stock is currently sold short. The second vote was for a 1-for-10 reverse stock split. That said, according to Seeking Alpha, “The injunction hearing is set for April 27.
AMC Entertainment (AMC) is scheduled to announce Q4 earnings results on Tuesday, February 28th, after market close.The movie theater chain announced in late ...
Revenue estimates have seen 0 upward revisions and 4 downward. 2022 has been a poor year for the box-office and for Q3 in particular, which saw no major blockbuster productions. The plaintiffs accuse AMC and its board with violating Delaware General Corporation Law and breaching fiduciary duties. [EPS Estimate is -$0.21](https://seekingalpha.com/symbol/AMC/earnings/estimates) (-90.9% Y/Y) and the consensus Revenue Estimate is $1.05B (-10.3% Y/Y). Riley Securities, given that its AMC Preferred Equity unit ( Shares have jumped around 72% since then.
AMC Entertainment Holdings Inc (NYSE: AMC) shares are trading higher by 24.46% to $7.71 Monday afternoon. Strength may be in possible anticipation of ...
AMC may also be experiencing a short squeeze. The prior scheduled March 14 vote on share conversion will still be allowed to take place. [Benzinga Pro](https://benzinga.grsm.io/register174), AMC has a 52-week high of $34.33 and a 52-week low of $3.77. AMC has a total share float of 516.051 million, of which 118.270 million shares are sold short, representing 22.92% of shares sold short. According to analyst consensus estimates, AMC is expected to report revenue of $1.01 billion on an EPS loss of 19 cents. [report](https://seekingalpha.com/news/3941301-amc-entertainment-gains-as-ape-conversion-delayed-until-at-least-april-27) from Seeking Alpha, a Delaware judge late during Monday's session agreed to hold preliminary injunction hearing on April 27 to block the conversion of AMC Preferred Equity APE into common shares.
AMC Entertainment's (AMC) fourth-quarter 2022 results are likely to reflect the impacts of dismal Admissions, as well as Food and Beverage revenues.
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The company is scheduled to release its earnings report on Tuesday and, while most analysts are expecting another quarter of losses, it is widely expected its ...
Aron, who has [largely embraced retail investors](https://twitter.com/CEOAdam/status/1624141274679844865) after the “meme stock” craze and garnered a significant following on Twitter, also believes that 2023 will be a far better year for his company. [meme stocks](https://tokenist.com/investing/meme-stocks/)” from the craze of early 2021, closed on Monday, February 27th, more than 22% in the green. Since early 2021, the company made an effort to expand its traditional brick-and-mortar operation by going digital and even entered the digital asset industry with The company’s stock has been experiencing a near-continuous surge in price for almost a fortnight and saw a rise from $4.50 to $7.61. The contentious preferred equity is set to be converted into regular AMC stock soon according to a press release While analysts are generally expecting AMC to report another quarter of losses.
Traders Flood Into AMC Stock Pre-Earnings Report Shares of AMC Entertainment Holdings soared on Monday in anticipation of the firm's upcoming earnings ...
[AMC](https://nnn.ng/tag/amc/) Entertainment Holdings soared on Monday in anticipation of the firm’s upcoming earnings report, due to be delivered on Tuesday. [](https://nnn.ng/hausa/#=hausanaija) [](https://nnn.ng/i/#=shortner link google) [Foreign](https://nnn.ng/foreign/)
AMC Entertainment Holdings, Inc. AMC is scheduled to report fourth-quarter 2022 results on Feb 28. In the last reported quarter, the company's earnings ...
(AMC) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=AMC&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog (LRN) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=LRN&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog (MCRI) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=rd_final_rank&t=MCRI&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog earnings_preview-2059390) [DISH Network Corporation (DISH) : Free Stock Analysis Report](https://www.zacks.com/registration/pfp?ALERT=NASDAQ_ZER_A388&d_alert=ZER_CONF&t=DISH&ADID=SYND_NASDAQ_TCK_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog earnings_preview-2059390) [Zacks Investment Research](https://www.zacks.com/) earnings_preview-2059390) [To read this article on Zacks.com click here.](https://www.zacks.com/stock/news/2059390/amc-entertainment-amc-to-post-q4-earnings-what-s-in-store?cid=CS-NASDAQ-FT-analyst_blog Click to get this free report](https://www.zacks.com/registration/pfp/?ALERT=RPT_7BST_LP194&ADID=SYND_NASDAQ_7BEST_ANALYSTBLOG_211&cid=CS-NASDAQ-FT-analyst_blog [LRN](/market-activity/stocks/lrn) has an Earnings ESP of +0.93% and currently sports a Zacks Rank #1. Shares of Monarch Casino have gained 7.8% in the past year. Shares of DISH Network have declined 58.4% in the past year. Shares of Stride have gained 25% in the past year. [AMC Entertainment Holdings, Inc.
Shares Analysis by The Tokenist (Timothy Fries) covering: GameStop Corp, AMC Entertainment Holdings Inc, AMC Entertainment Holdings Pref Units.
Check out The Tokenist’s free newsletter, [Five Minute Finance](https://tokenist.com/newsletter/), for weekly analysis of the biggest trends in finance and technology. Black candlesticks are more of a problem at the end... GameStop, the main “meme stock,” also elected to use its popularity surge to revitalize its business. The shares of AMC Entertainment Holdings closed the trading day on Monday up nearly 23%. Aron, who has largely embraced retail investors after the “meme stock” craze and garnered a significant following on Twitter, also believes that 2023 will be a far better year for his company. While most analysts expect another quarter of losses, its sales are widely expected to be over $1 billion thanks to the release of Avatar: The Way of Water.
AMC Theatres was once one of my favorite short squeeze candidates but I've lost interest due to several key headwinds. Find out my take ahead of Q4 ...
He looks more like a liability to AMC Theatres than an asset at the moment. Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. The company wants to convert APE into AMC shares but could dilute AMC shareholders in the process. I don't expect anything out of the ordinary here since AMC continues to burn through cash. The Fed raised interest rates and took away a lot of buying momentum from retail investors. These companies have enough consumer demand and cashflow to weather almost any storm. I have no business relationship with any company whose stock is mentioned in this article. If approved, AMC shareholders will get diluted and a reverse split could reduce AMC burned through $174 million in cash during Q3 2024 despite hitting nearly $1 billion in quarterly revenue. I wonder if AMC CEO Adam Aron will speak further on this Q4 2022 earnings conference call. Free cash flow hit negative $278 million even though quarterly attendance increased 37.9% to nearly 54 million in the same quarter. Analysts are expecting quarterly revenue of $1.05 billion and earnings loss of 22 cents per share.
AMC Entertainment (NYSE:AMC) is scheduled to report its fourth quarter 2022 results on February 28, after the market closes. The Street expectsthe company ...
[AMC stock](https://www.tipranks.com/stocks/amc/forecast) has received two Hold and one Sell recommendation from Wall Street analysts, translating into a Moderate Sell consensus rating. Further, based on the average price target, analysts estimate a downside in the stock following a strong rally in the meme stock so far this year. [Adam Aron](https://www.tipranks.com/experts/insiders/adam-aron) is optimistic about the company’s performance in 2023. Meanwhile, [revenue expectations are pegged at $1.05 billion](https://www.tipranks.com/stocks/amc/financials), reflecting a decline of 10.3%. The stock rallied about 23% yesterday on the news, as it pointed at a possible delay in conversion. Furthermore, AMC’s top line might have received a boost from some of the major releases, including Warner Bros.’ (
AMC Entertainment Holdings, Inc.(NYSE:AMC): Theatre movie chain AMC's shares are trading more than 75% below its 52-week high due to weakened investor ...
Try Magnifi Personal, free for 90 days.](https://magnifi.com/magnifi-personal?utm_medium=affiliate&utm_source=mc-referral&utm_campaign=SN&utm_ad_type=textlink&utm_goal=mentor&utm_content=mctextlink90dayfree) Mangeet’s keen interest in the stock market led her to become an investment researcher and financial journalist. In terms of forward EV/Sales, AMC is currently trading at 3.45x, 74.8% higher than the industry average of 1.97x. Shares of AMC have declined more than 30% over the past year due to dampened investor sentiment amid mounting losses and decelerating business growth. Analysts expect AMC’s revenue for the fourth quarter (ended December 2022) to come in at $977.66 million, indicating a decline of 16.6% year-over-year. And its trailing-12-month EBITDA margin of 2.82% is 85.3% lower than the 19.21% industry average. Its operating loss stood at $114.90 million for the third quarter. While AMC was able to avert from the brink of bankruptcy in 2021 after millions of retail investors made it a meme stock, it struggled significantly to maintain momentum last year. [new $110 million capital raise](https://www.cnbc.com/2022/12/22/amc-plunges-after-theater-company-announces-capital-raise-reverse-stock-split.html) and proposed a reverse stock split of AMC common shares at a 1-to-10 ratio. My evaluation of AMC in this piece explains why it could be risky to buy the stock even at the current low price level. The company reported revenue of $968.40 million for the third quarter, up 26.9% year-over-year. The company’s results were impacted primarily by a soft industry-wide box office in the latter two-thirds of the third quarter.
Overall market sentiment has been high on AMC Entertainment Holdings Inc (AMC) stock lately. AMC receives a Bullish rating from InvestorsObserver Stock ...
What's Happening With AMC Stock Today?AMC Entertainment Holdings Inc (AMC) stock is higher by 4.14% while the S&P 500 is down -0.09% as of 10:45 AM on Tuesday, Feb 28. More About AMC Entertainment Holdings IncAMC Entertainment Holdings Inc is involved in the theatrical exhibition business. Over the past year the S&P 500 is down -9.04% while AMC is down -57.95%. The group operates in U.S. AMC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Shares of AMC Entertainment Inc. surged 13.6% toward a 12-week high in afternoon trading Monday, a day before the movie theater operator is scheduled to...
AMC’s report comes fellow movie theater operator Cinemark Holdings Inc. [AMC, -6.18%](/investing/stock/AMC?mod=MW_story_quote)surged 13.6% toward a 12-week high in afternoon trading Monday, a day before the movie theater operator is scheduled to report fourth-quarter results. Shares of AMC Entertainment Inc.