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2022-02-01

Hodl and gather all for the rise!

AMC offers Q4 guidance with revenue ahead of consensus but a wider-than-expected loss

AMC Entertainment Inc. offered guidance for the fourth quarter on Tuesday, with revenue ahead of co

AMC offers Q4 guidance with revenue ahead of consensus but a wider-than-expected loss

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The FactSet consensus is for revenue of $1.093 billion. But the cinema-chain operator expects its net loss to range from $194.8 million to $114.8 million, compared with a loss of $946.1 million a year ago and a consensus of $119 million. </p><p>The loss includes non-cash impairment charges of $50 million to $125 million on long lived assets. Operating cash burn is expected to total about $216.5 million. The company ended the quarter and year with $1.8 billion in liquidity. 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The FactSet consensus is for revenue of $1.093 billion. But the cinema-chain operator expects its net loss to range from $194.8 million to $114.8 million, compared with a loss of $946.1 million a year ago and a consensus of $119 million. </p><p>The loss includes non-cash impairment charges of $50 million to $125 million on long lived assets. Operating cash burn is expected to total about $216.5 million. The company ended the quarter and year with $1.8 billion in liquidity. Shares were up 1.7% premarket and have gained 20.8% in the last 12 months, while the S&amp;P 500 SPX, +1.89% has gained 19.7%.</p><p>AMC shares rose nearly 5% in premarket trading.<img src=\"https://static.tigerbbs.com/458ee218c7cff8ab6a453ee752720f14\" tg-width=\"720\" tg-height=\"614\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125948697","content_text":"AMC Entertainment Inc.  offered guidance for the fourth quarter on Tuesday, with revenue ahead of consensus but a net loss range that is wider than expected. The company expects revenue of about $1.172 billion, up from 162.5 million in the year-earlier quarter. The FactSet consensus is for revenue of $1.093 billion. But the cinema-chain operator expects its net loss to range from $194.8 million to $114.8 million, compared with a loss of $946.1 million a year ago and a consensus of $119 million. The loss includes non-cash impairment charges of $50 million to $125 million on long lived assets. Operating cash burn is expected to total about $216.5 million. The company ended the quarter and year with $1.8 billion in liquidity. Shares were up 1.7% premarket and have gained 20.8% in the last 12 months, while the S&P 500 SPX, +1.89% has gained 19.7%.AMC shares rose nearly 5% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":27,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}