Movie theater chain AMC Entertainment (AMC) will report Q3 earnings after the market closes
Current Cap IQ Consensus estimates Q3 adj. EPS of -$0.53 (vs -$8.41 last year) on revs of $708 mln +493%
AMC is one of the original "Meme" stocks.
Share prices have quadrupled since becoming mainstream meme.
AMC has a $22.5 bln market cap and has a short interest of 18% of its ~512 mln float
TECHS:
Last quarter, shares sold off ~6% despite beating Q3 estimates.
Shares have appreciated ~40% since then as movie studios have resumed releasing major films in movie theaters during the quarter.
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