AMC Entertainment Holdings is trading 11.1% up today at $2.15 after reporting record-breaking second-quarter results, including its highest-ever quarterly revenue and adjusted EBITDA.
- The company delivered a surprise profit with earnings per share (EPS) coming in far above analyst expectations.
- Investors are reassessing the company’s leverage and long-term profitability following the blowout earnings beat.
- Shares surged in early trading as the market reacted to the record-setting financial performance and improved outlook.