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Monday, May 7, 2018

-=AMC Entertainment (AMC) reported earnings on Mon 7 May 2018 (a/h)



AMC Entertainment beats by $0.09, beats on revs 
  • Reports Q1 (Mar) earnings of $0.14 per share, $0.09 better thanthe Capital IQ Consensus of $0.05; revenues rose 8.0% year/year to $1.38 bln vs the $1.35 bln Capital IQ Consensus.
  • Admissions revenues increased 7.0% to $875.0 mln.
  • Food and beverage revenues increased 2.1% to $405.8 million.
  • Total Adjusted EBITDA increased 10.7% to $277.9 million compared to $251.1 million for the three months ended March 31, 2017. International Adjusted EBITDA for the first quarter grew $16.4 million to $69.5 million compared to $53.1 million a year ago.

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