Will AMC Entertainment Stock Finally Deliver Blowout Earnings This Week?
The clock is ticking on the country's leading multiplex operator, and this isn't necessarily a bad thing. AMC Entertainment Holdings (NYSE: AMC) reports fourth-quarter results shortly after Tuesday's market close, and it might be a better-than-expected financial performance.
With 2021 closing out substantially stronger than it began for the movie theater industry -- and AMC itself gaining market share and doing a great job growing beyond sluggish ticket sales -- there's potential for a surprisingly bullish financial update. AMC stock is trading 74% below its peak nine months ago, so shareholders can use some good news.
Image source: Getty Images.
Source Fool.com