AMC Shares Jump 1.6% Pre-Earnings; Feb 24 EPS Forecast at -$0.16
AMC shares climbed 1.63% to $1.25, outpacing the S&P 500's 0.10% gain after a 23.6% slide over the past month. The company is set to report Feb 24 results with Q4 EPS forecast at -$0.16 (11.11% YoY growth) on $1.28 billion revenue (2.37% decline).
1. Recent Stock Performance
AMC shares rose 1.63% to $1.25 in the latest session, outpacing the S&P 500's 0.10% advance and the Nasdaq's 0.14% gain. This uptick follows a 23.6% slide over the past month, versus a 2.88% drop in the Consumer Discretionary sector and a 1.43% S&P 500 decline.
2. Upcoming Q4 Earnings Forecast
The company will report Q4 results on February 24, projecting EPS of -$0.16 per share, a year-over-year improvement of 11.11%, on revenue of $1.28 billion, down 2.37% from the prior-year quarter.
3. Full-Year Outlook and Analyst Rankings
Full-year consensus estimates call for EPS of -$1.17 (up 8.59%) and revenue of $4.83 billion (up 4.09%). Consensus EPS estimates have been revised 10.71% lower over the past month, leaving the company at a Zacks Rank #3 within an industry ranked in the bottom 23%.