Movie theatre operator and popular retail stock AMC Entertainment Holdings Inc. reported third quarter financial results after market close Monday. Here are the key highlights for investors.
What Happened
AMC reported third quarter revenue of $755.6 million, beating a street consensus of $708.3 million. Revenue was significantly higher than the $119.5 million reported in the third quarter last year with a significant number of theaters shut down.AMC reported a loss of 44 cents per share, beating a street consensus target of a loss of 53 cents per share.
