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Prudent Capitalist

11/07/23 2:06 PM

#132542 RE: Laya #132541

Consensus estimate for AMC's Q3 earnings is a loss of -.19 per share. That should cause anyone looking to buy to pause and see the actual number out after the close tomorrow. The primary reason for the projected loss is the huge interest payments on AMC's mountain of debt. AMC needs to reduce debt dramatically to survive, and that will require dilution through the sale of shares to raise cash to pay down debt.

Could it be jitters before the quarter report keeping people on the sideline?

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bio33

11/07/23 2:11 PM

#132543 RE: Laya #132541

NO
I expect rev. to be 1.15B with approx -23.6M loss for the qtr....eps -0.236/sh....
and Yes the debt and service on the loan is still major factor in AMC financials...

AMC price going into earning for last week - jury still out on whether the hi from Nov 6 at 11:10am will be broken of 11.43 but my number was short of this high.......
All the above is conjecture and opinion and not in any way financial guidance for AMC


btw
here's an article on dark pool trading worth the read and dark
pool trading isn't just a problem w/ AMC it's universal across
the whole exchange....it's become common practice for majority
of every stock to be traded in the dark pools....and info and data
in dark pools isn't available to retail investors......but this shouldn't be anything new.....
https://www.thestreet.com/memestocks/amc/should-amc-shareholders-be-concerned-about-off-exchange-and-dark-pool-trades