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AMC Theatres Lost $4.6 Billion in 2020

The Wrap - 10 Mar 2021 23:46
AMC Theatres Lost $4.6 Billion in 2020 AMC Entertainment had a fitting end to a terrible year, reporting losses of $946.1 million for the final quarter of 2020. The theater chain brought in about $20 million more in Q4 revenue than media analysts had forecast, however. Wall Street estimated AMC would lose $3.15 per share in 2020’s fourth quarter, posting revenue of $142.35 million, according to a consensus compiled by Yahoo Finance. Pretty good guess there on the diluted losses, as AMC reported a loss of exactly $3.15 per share. Am...
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