AMC Entertainment Holdings
is set to report fourth-quarter results Tuesday, but investors already have a good idea of what to expect. Therefore, the company’s quarterly conference call will be worth a listen.
At the start of February, the movie theater chain released preliminary results which included total revenue of about $1.17 billion and a net loss between $194.8 million and $114.8 million. Adjusted earnings before interest, taxes, depreciation, and amortization was forecast between $146.8 million and $151.8 million. Shares of AMC (ticker: AMC) initially soared on that news as investors cheered improvements in the firm’s underlying business.