13.10 -0.03 (-0.23%)
Pre-Market: 6:50AM EDT
|Bid||13.05 x 800|
|Ask||13.35 x 1800|
|Day's Range||13.11 - 13.55|
|52 Week Range||11.66 - 21.45|
|Beta (3Y Monthly)||0.42|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||0.80 (5.28%)|
|1y Target Est||18.92|
DENVER, May 17, 2019 /PRNewswire/ -- Filmed at the Adelphi Theatre in London, "Kinky Boots" the Tony, Grammy & Olivier Award-winning musical from pop icon Cyndi Lauper and legendary playwright Harvey Fierstein, directed and choreography by Tony Award-winner Jerry Mitchell and based on the film written by Geoff Deane and Tim Firth, arrives in movie theaters nationwide June 25 and 29 only. In addition to the full production, audiences will enjoy an exclusive behind-the-scenes look at the story of "Kinky Boots" and never-before-seen footage from the record-breaking Broadway run, which closed last month after more than six years and 2,500 performances.
We haven't even hit the halfway point of this year, and iQiyi (NASDAQ:IQ) is already exhibiting rollercoaster-like behavior. In the first two months of 2019, the IQ stock price gained over 78%, turning embattled stakeholders ecstatic. However, the mood quickly soared shortly thereafter. Right now, shares are up 48% -- a great haul, but no 78%.Source: Shutterstock Even worse, iQiyi stock has shown no sign of returning to its former glory. Part of that volatility has a very clear-cut explanation: after a noticeable thaw in U.S.-China relations, President Trump ramped up tariffs on Chinese-made goods. In turn, the world's second-largest economy promised to retaliate. Not only did iQiyi fall, but so too did compatriots Alibaba (NYSE:BABA), JD.com (NASDAQ:JD), and many others.But in the case of the IQ stock price, the value drop presents a confusing look for investors. On one hand, Chinese companies look like names to avoid at this immediate juncture. On the flipside, contrarians may view this as an opportunity to grab a viable growth firm on the cheap.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Great Stocks to Buy on Dips I can appreciate the temptation. As the Chinese population grew in both size and wealth, Hollywood, along with every other industry saw dollar signs. And it's no understatement that Chinese moviegoers and content consumers have kept the lights on at many studios.That fact alone bodes well for iQiyi stock. As a content producer for the world's largest market, IQ stock should veritably moon.Still, IQ stock languishes. Outside of speculative trading, I'd stay away from this company. Here's why: Narrow Focus Hurts IQ StockTheoretically, iQiyi stock has a bulletproof-business plan: sell Chinese entertainment to Chinese people. In reality, the situation is much more complex. You only need to look at the technical charts to realize this.But why, with a billion-plus audience base, is the IQ stock price failing? This is a simple, but underappreciated risk factor: audiences are incredibly fickle and difficult to predict.Let's look at The Great Wall, a somewhat-controversial film that represented a joint effort between U.S. and Chinese movie studios. As you may know, the entire film centered on China and Chinese folklore. It also featured a heavy dosing of Chinese actors. The one rub was that Matt Damon starred in the film rather than a Chinese actor. Eventually, the movie would go on to bomb at home and abroad.Meanwhile, another U.S.-China co-production, The Meg, featured similar problems: an Asian-led research facility needs help, and the "white savior" archetype provides it, while also getting the (Asian) girl. The film featured almost all the tired, unoriginal stereotypes about Asians.It was a massive box-office success both here and in China.This strange dynamic tells me a lot about Chinese audiences, and by logical deduction, iQiyi stock.The Chinese want entertainment, and Hollywood knows how to deliver, not just in China, but in the rest of the world. Thus, I find iQiyi's near-exclusive focus on China as a liability, not an asset. Financial Metrics Say Everything about iQiyi Stock, UnfortunatelyQuarter-to-quarter, IQ stock's revenue growth is no longer impressive. More worryingly, the company's net-income losses have widened significantly over the same span. If they want to right the ship, they must produce content that appeals universally. * 10 Retirement Stocks That Won't Wilt in a Bear Market Ultimately, I think the mistake that investors are making with iQiyi stock is assuming the "China factor" has clout. It does, but it's not the main dish. You still must produce compelling content, compelling enough for viewers to open their wallets. That's not happening, which is why I'm avoiding this name.As of this writing, Josh Enomoto is long AMC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post Hereas the Reason Iam Not Buying the IQ Stock Discount appeared first on InvestorPlace.
The conference presentations will be webcast live over the Internet, and a link to the webcast, and copies of any related presentation materials, will be made available prior to the presentation in the Investor Relations section of AMC’s website at investor.amctheatres.com. Listeners are encouraged to go to the Investor Relations section of AMC’s website approximately ten minutes prior to the event to register and download any necessary media player software.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
AMC Entertainment Holdings Inc. shares tumbled 10% Thursday, after the cinema chain operator posted a wider-than-expected loss for the first quarter.
Dropbox, AMC Entertainment, Ford, Anheuser-Busch InBev and Boston beer are the companies to watch on Friday, May 10, 2019.
AMC Entertainment earnings for the first quarter of 2019 have AMC stock falling hard on Thursday.Source: Shutterstock The bad news for AMC Entertainment (NYSE:AMC) starts with its attendance in the first quarter of the year. This comes in at 79.83 million people. That's down roughly 12% from its attendance of 90.93 million reported in the first quarter of 2018.Breaking down attendance for the first quarter of 2019 further, numbers come in at 54.98 million for the U.S.. This is an 11% drop from the company's attendance of 61.86 million from the first quarter of the previous year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhen it comes to international attendance the company saw 24.85 million customers in the first quarter of the year. This is a roughly 15% decrease from the company's attendance of 29.08 million in the first quarter of the year prior.AMC Entertainment earnings for the first quarter of 2019 also have it reporting losses per share of $1.25. This is a major drop from the company's earnings per share of 14 cents for the same period in 2018. It was also a big hit to AMC stock by easily missing Wall Street's losses per share estimate of 54 cents for the quarter. * 7 Dangerous Dividend Stocks to Stay Far Away From The AMC Entertainment earnings report for the first quarter of the year also have it announcing revenue of $1.20 billion. This is worse off than the company's revenue of $1.38 billion for the first quarter of the previous year. However, it does come in above analysts' revenue estimate of $1.19 billion for the period, but couldn't save AMC stock.AMC stock was down 9% as of Thursday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Tips for New Investors Young and Old * 10 Great Stocks to Buy on Dips As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post AMC Entertainment Earnings: AMC Stock Hammered by Weak Attendance appeared first on InvestorPlace.
declined Thursday, tumbling 10.4% to $13.12, after the theater chain company missed Wall Street's first-quarter earnings forecasts. The Leawood, Kansas-based company reported a net loss of $130.2 million or $1.25 a share, down from earnings of $17.7 million or 14 cents a year ago, and wider than analysts' expectations of a loss of 55 cents a share. The wider loss was partially due to a 12.2% decline in attendance, AMC said.
AMC Entertainment (AMC) delivered earnings and revenue surprises of -137.25% and 0.21%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Leawood, Kansas-based company said it had a loss of $1.25 per share. Losses, adjusted for non-recurring costs, were $1.21 per share. The results fell short of Wall Street expectations. The average ...
AMC Entertainment Holdings Inc. shares slid 1% in premarket trade Thursday, after the cinema chain operator posted a wider-than-expected loss for the first quarter. The company said it had a net loss of $130.2 million, or $1.25 a share, in the quarter, after earnings of $17.7 million, or 14 cents a share, in the year-earlier period. Revenue fell to $1.200 billion from $1.384 billion. The FactSet consensus was for a loss per share of 55 cents and revenue of $1.194 billion. "Even with the anticipated slow start to the year, we have been and continue to be quite bullish about the full year prospects for AMC, currently expecting 2019 Adjusted EBITDA to exceed 2018 results, adjusted for ASC 842," Chief Executive Adam Aron said in a statement, referring to an accounting change. The company is expecting the year to be back-end loaded given the slate of films due later and after the first quarter faced a tough comparison given the success of "Black Panther" in early 2018. The U.S. box office declined by 16.2% in the first quarter, but attendance at AMC fell by 10.1%. The second quarter is off to a strong start given the performance of "Avengers: Endgame," which has set records. Shares have fallen 8.7% in the last 12 months, while the S&P 500 has gained 6.7%.
LEAWOOD, Kan.-- -- Q1 Revenue of $1.2 billion Q1 Net loss of $130.2 million Q1 Adjusted EBITDA of $108.2 million AMC Entertainment Holdings, Inc. , today reported results for the first quarter ended March 31, 2019. “Even with the anticipated slow start to the year, we have been and continue to be quite bullish about the full year prospects for AMC, currently expecting 2019 Adjusted EBITDA to exceed ...
The Board of Directors of AMC Entertainment Holdings, Inc. (AMC) (“AMC” or “the Company”) the largest theatrical exhibition company in the world, and an industry leader in innovation, announced today the appointment of Adam J. Sussman, a globally recognized digital commerce transformation leader, as an independent director of the Company, effective May 7, 2019. Mr. Sussman was appointed as Nike, Inc.’s (NKE) first-ever Chief Digital Officer, was previously head of Nike’s Global Strategy and Corporate Development and currently serves as the VP/GM Direct Digital and Geographies.
An advanced screening of the biopic will include a live Q&A; with stars Nicholas Hoult, Lily Collins and director Dome Karukoski moderated by Stephen Colbert.
Restored 4K Version of 'Easy Rider' Makes its Debut at Cannes Classics This May Before Heading to U.S. Cinemas DENVER , May 6, 2019 /PRNewswire/ -- Massively influential and enormously popular, "Easy ...
The movie ticket subscription service finally admits you can't make a profit paying full price for something you're going to resell at a discount.
AMC Entertainment Holdings, Inc. (AMC) (“AMC” or “the Company”), the largest theatrical exhibition company in the world, and an industry leader in innovation, today announced that its Board of Directors has declared a dividend for the quarter ended March 31, 2019, of $0.20 per share on shares of Class A and Class B common stock, its twenty-first consecutive dividend since the Company’s initial public offering. AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with more than 1,000 theatres and more than 11,000 screens across the globe. AMC operates among the most productive theatres in the United States' top markets, having the #1 or #2 market share positions in 21 of the 25 largest metropolitan areas of the United States.
Before we spend countless hours researching a company, we'd like to analyze what insiders, hedge funds and billionaire investors think of the stock first. We would like to do so because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors […]
DENVER, May 2, 2019 /PRNewswire/ -- Fathom Events will bring beloved entertainer Luciano Pavarotti's story to movie theaters across the country on June 4 with a screening event designed to bring the life and performances of one of the great operatic voices to the masses.