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‘Spider-Man’ helps theater chain AMC beat revenue estimates -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: AMC Theatre is shown in Times Square in New York City’s Manhattan borough, New York City. This was June 2, 2021. REUTERS/Carlo Allegri

(Reuters) – AMC Entertainment Theater Chain (NYSE:: Holdings Inc) beat fourth-quarter estimates on Tuesday, as AMC Entertainment Theatre Chain (NYSE:: Holdings Inc) saw box-office successes such as “Spider-Man: No Way Home”, which brought back movie-goers to the theaters.

Quarterly revenue for December 31, 2017, was $1.17 Billion. According to IBES data from Refinitiv, analysts expected an average of $1.10 trillion.

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