JUMP REPORT
AMC ENTERTAINMENT (AMC)
EARNINGS RELEASE - JUNE 9 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -1.52/share REV: 951.4/M
___________________________________________________________
LAST QTR: EPS: .02/share ACTUAL: -.13/share (MISS)
____________________________________________________________
NEXT QTR: EPS: -2.90/share REV: 360.20/M
______________________________________________________
FULL YR: EPS: -.5.58/Share REV: 3,250/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
__________________________________________________________________
BEAT/MISS RECORD: 52% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 9.19, 6.81, 10.04
EXPECTED JUMP MOVE: 10-12%
——–
*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
The stock continues to live below a very important technical level on its weekly chart: the 10-week moving average.
The S&P 500 rose Thursday to cap off its best first-quarter performance since 2019. The broad U.S. stock index advanced 0.1%, notching its 22nd all-time high of the year. The Nasdaq Composite fell 0.1%.
AMC Entertainment (AMC) shares are trading lower Thursday afternoon after the company filed to sell up to $250 million worth of its stock. The movie theater chain is looking to strengthen its balance sheet, using the proceeds from the stock sales to pay down debt. AMC also indicated that last year’s Hollywood strikes impacted the box office in the first quarter. Akiko Fujita and Josh Lipton break down the latest developments for the movie theater chain. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor’s note: This article was written by Gabriel Roy.
**RH (RH)**: The furniture retailer forecast customer demand would pick up this year as interest rates ease. RH stock jumped 16%, on track for it highest close since September. **Walgreens Boots Alliance (WBA)**: The pharmacy giant booked a steep quarterly loss, reflecting a writedown on its VillageMD unit, but its adjusted earnings trumped Wall Street’s expectations.
The movie-theater chain says it will sell up to $250 million of stock through an at-the-market offering.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Avg Daily Volume: 9,741,041 Market Cap: 582.71M
Sector: Services Short Interest: None
Ticker delayed 20 minutes
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.