The shares of AMC Entertainment Holdings Inc. saw a slight decline of 0.46% recently, closing at $3.24. This comes as the company grapples with various financial challenges and shifting market sentiments.
In its first-quarter financial results for 2025, AMC reported a significant 9.3% drop in revenue compared to the same period last year. The company's adjusted earnings per share were at -$0.58, falling short of analysts' expectations, which had anticipated a slightly lesser loss of -$0.46. Additionally, the company is facing a decrease in attendance figures, with U.S. attendance down by 5.8% year-over-year, contributing to an overall decline of 2.1%.
Analysts have given AMC a "Reduce" rating, reflecting concerns about its financial health. The average 12-month price target is set at $4.76. Debt remains a significant issue for the company, with $4.77 billion in liabilities against total assets of $8.79 billion. These factors are likely influencing the cautious sentiment around AMC's current market performance, as noted by publications like ng.investing.com and Investorplace.