Information Provided By: 
Fly News Breaks for February 12, 2019
AMC
Feb 12, 2019 | 09:36 EDT
MKM Partners analyst Eric Handler lowered his price target on AMC Entertainment to $15 and kept his Neutral rating ahead of its Q4 results, saying that although the box office environment is "positive", the company needs to show improving key metrics. While he raises his Q4 EPS forecast to (5c) from (9c) and his outlook for FY19 to (17c) from (24c), the analyst is concerned by AMC's "over-levered balance sheet, uncertainty about the financial impact from growth initiatives, and concerns about challenging comparisons in the UK".
News For AMC From the Last 2 Days
