LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — AMC Entertainment Holdings Inc. (AMC) on Monday reported a loss of $4.7 million in its second quarter.
The Leawood, Kansas-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, came to less than 1 cent on a per-share basis.
The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The movie theater operator posted revenue of $1.4 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.35 billion.
The company’s shares closed at $2.93. A year ago, they were trading at $5.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMC at https://www.zacks.com/ap/AMC
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