AMC reports third-quarter results after market close on Nov. 8
AMC Entertainment Holdings Inc.’s debt-to-equity and late payments could be financial warning signs, according to credit-monitoring and risk-management company Creditsafe.
AMC’s Days Beyond Terms , which is how many days past payment terms it typically takes to pay invoices, also deserves attention, according to Creditsafe. Citing information from the Creditsafe trade payment database, the credit monitoring company says AMC’s DBTs jumped from 9 days in March to 14 in April. They then dropped slightly over the next two months, before spiking drastically to 21 by August. Typically, a lower DBT score indicates that a company is a more reliable payer.
However, Bhalla acknowledges that “it’s not all bad news,” pointing to the company’s second-quarter year-over-year revenue growth of 15.6% and the positive impact of summer blockbusters “Barbie” and “Oppenheimer,” a cultural phenomenon dubbed “Barbenheimer.”AMC has not yet responded to MarketWatch’s request for comment. The movie theater chain reports third-quarter results after market close on Nov. 8. Analysts surveyed by FactSet are looking for earnings of 26 cents a share and sales of $1.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Turkey Trot 5K/10K coming to Lincolnwood Nov. 19; early bird deadline is Nov. 12Lincolnwood will hold its annual Turkey Trot 5K and 10K event, plus a Drumstick Dash for kids, at Proesel Park on Nov. 19, 2023. Early bird registration ends Nov. 12.
Read more »
DiGiorno’s Thanksgiving pizzas on sale today - turkey and sides on a crust with cheeseThe pizzas will be sold online on Wednesdays through Nov. 22, 2023, starting Nov. 1.
Read more »
The Babadook Streaming: Watch & Stream Online via AMC Plus & HuluFans of psychological horror movies will want to know where to watch The Babadook. Here's how to stream it online.
Read more »
AMC offers $5 movie tickets with 'surprise twist' – here's what to knowWant a little adventure at the cinema? AMC is selling movie tickets for $5 but there’s a catch. Here’s what to know about the new program for movie fans.
Read more »
Big-Budget Completed & Cancelled Disney+ Show Saved By AMCThe high-profile cancelled Disney+ show Nautilus finds a new streaming home, promising to tell the story of Captain Nemo on a different platform.
Read more »
AMC’s stock headed to best two-day stretch in more than three weeksJames Rogers is a Financial Columnist for MarketWatch.
Read more »