AMC Entertainment (NYSE:AMC) posted its quarterly earnings results on Thursday. The company reported ($0.53) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.42) by ($0.11), Briefing.com reports. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.31 billion. AMC Entertainment had a negative net margin of 0.20% and a negative return on equity of 10.94%. The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.82) EPS.
Shares of NYSE:AMC opened at $9.62 on Friday. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 7.30. The company has a fifty day simple moving average of $9.85 and a 200 day simple moving average of $11.21. The firm has a market cap of $1.02 billion, a PE ratio of 74.00 and a beta of 0.81. AMC Entertainment has a 12-month low of $8.73 and a 12-month high of $17.84.
The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 8.32%. AMC Entertainment’s dividend payout ratio (DPR) is presently 615.38%.
AMC Entertainment Company Profile
AMC Entertainment Holdings, Inc, through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of December 31, 2018, it owned, operated, or had interests in 637 theatres with a total of 8,114 screens in the United States; and 369 theatres and 2,977 screens in European markets.
Further Reading: What causes a recession?
Receive News & Ratings for AMC Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMC Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.