AMC Entertainment (AMC) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, AMC Entertainment (AMC) closed at $2.77, marking a +1.09% move from the previous day. The stock's change was more than the S&P 500's daily gain of 1.07%. On the other hand, the Dow registered a gain of 1.12%, and the technology-centric Nasdaq increased by 1.37%. Heading into today, shares of the movie theater operator had lost 8.97% over the past month, lagging the Consumer Discretionary sector's loss of 4.58% and the S&P 500's gain of 1.08%.The investment community will be closely monitoring the performance of AMC Entertainment in its forthcoming earnings report. It is anticipated that the company will report an EPS of -$0.19, marking a 375% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.23 billion, indicating a 8.7% downward movement from the same quarter last year. AMC's full-year Zacks Consensus Estimates are calling for earnings of -$0.64 per share and revenue of $4.91 billion. These results would represent year-over-year changes of +50% and +5.96%, respectively. Investors should also note any recent changes to analyst estimates for AMC Entertainment. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 1.66% higher. As of now, AMC Entertainment holds a Zacks Rank of #2 (Buy). The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 52, finds itself in the top 22% echelons of all 250+ industries. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions. #1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks