AMC Entertainment Holdings, Inc. Reports Second Quarter 2020 Results

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AMC Entertainment (AMC) Misses Q2 EPS by 115c

August 6, 2020 5:07 PM EDT

AMC Entertainment (NYSE: AMC) reported Q2 EPS of ($5.44), $1.15 worse than the analyst estimate of ($4.29). Revenue for the quarter came in at $18.9 million versus the consensus estimate of $11.88 million.

Adam Aron, CEO and President of AMC commented, It should be no surprise to anyone that with our operations shut the world over, and almost no revenues coming in the door, this was the most challenging quarter in the 100-year history of AMC. That is why the progress the entire AMC team made since the second quarter began is all the more important and impressive... More