AMC Entertainment Holdings, Inc. (NYSE:AMC) will release earnings results for the second quarter, after the closing bell on Monday, Aug. 11.
Analysts expect the Leawood, Kansas-based company to report quarterly loss at 8 cents per share, versus a year-ago loss of 43 cents per share in. AMC Entertainment projects to report quarterly revenue at $1.34 billion, compared to $1.03 billion a year earlier, according to data from Benzinga Pro.
On July 1, AMC entered into a Transaction Support Agreement with creditors, including holders of 62% of its 7.5% Senior Secured Notes due 2029, holders of 76% of Muvico’s 6%/8% Senior Secured Exchangeable Notes due 2030 and certain term loan lenders.
AMC Entertainment shares gained 4.3% to close at $2.93 on Friday.
Benzinga readers can …