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AMC - Huge Domestic Box Office Weekend - Q3 Profitable for AMC?
AMC - Huge Domestic Box Office Weekend - Q3 Profitable for AMC? Another big box office weekend August 9-11, 2024 as domestic box office for the weekend is expected to come in at $155M, putting Q3 at $1.6B half way through the quarter. My estimate is that AMC can report break even numbers with a domestic box office of $2.45B. Can we do even better? What would a $2.6B or $3B box office look like - let's run the numbers. #TonyDenaro #AMC #MovieNews
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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.
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