AMC Entertainment (AMC) Tops Q4 Views
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AMC Entertainment (NYSE: AMC) reported Q4 EPS of $0.43, which may not compare to the analyst estimate of $0.17. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.4 billion.
“AMC continued to deliver strong results in the fourth quarter of 2018, capping a record-setting full year performance, the best-ever in our 98-year history,” said Adam Aron, CEO and President of AMC. “The tremendous momentum of the industry box office, which was the fifth record-setting year in the last seven years, combined with AMC’s transformative growth initiatives and the popularity of the new AMC Stubs A-List subscription program, drove full year global attendance to an all-time high of 359 million guests, up 6.1% in the U.S. markets, resulting in strong financial performance across the board.”
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