AMC Entertainment Beats Q3 Estimates by $0.18, Revenue Also Tops
AMC reported Q3 earnings of $0.13 per share, excluding non-recurring items, $0.18 above estimates. Revenue also beat expectations; October domestic box office was up approximately 35%.
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10:04:03 PM UTC
SquawkNews
By Natalie WegerAMC Entertainment swung to a third-quarter profit and posted higher revenue amid a booming year for the box office.The movie-theater operator on Wednesday said it swung to a profit of $109.3 million, or 12 cents a share, from a loss of $298.2 million, or 58 cents a share, in the pri…