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AMC Entertainment (NYSE: AMC) shares surged more than 11% Monday, opening above $2, after the world's largest theater operator posted a blowout second-quarter earnings report and rode the record-shattering opening weekend of Christopher Nolan's "The Odyssey." AMC reported Q2 2026 adjusted earnings of $0.14 per share, dramatically better than the analyst consensus that called for a $0.04 per share loss. Revenue grew 14% year-over-year to $1.59 billion, beating the $1.5 billion FactSet consensus. Adjusted EBITDA jumped 70% to $321.4 million, exceeding $300 million for the first time in company history, and AMC generated $190.1 million in free cash flow during the quarter. Total attendance rose nearly 14%. Separately, AMC said more than 4.3 million moviegoers worldwide attended its U.S. AMC Theatres and international ODEON Cinemas from Thursday through Sunday, led by "The Odyssey," which delivered AMC's biggest R-rated opening weekend across its U.S. circuit since 2024. Universal's Nolan ...

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