AMC(AMC)

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AMC Stock Falls as AMC Entertainment Loses Attendees
InvestorPlace· 2024-05-09 15:35
AMC Entertainment (NYSE:AMC) stock is in the red today after the movie theater chain reported its first-quarter earnings. During the quarter, revenue tallied in at $951.4 million, beating the analyst estimate for $870.86 million but falling by 0.31% year-over-year (YOY). The company’s adjusted diluted loss per share was 78 cents compared to the analyst estimate for a loss of 79 cents and improving from a loss of $1.31 a year ago. It’s worth noting, as AMC pointed out, that there were 263.4 million weighted ...
AMC Entertainment cuts loss, 'exceedingly confident' about recovery
Proactive Investors· 2024-05-09 11:51
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
AMC Entertainment (AMC) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-09 01:01
AMC Entertainment (AMC) reported $951.4 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 0.3%. EPS of -$0.78 for the same period compares to -$1.30 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $951.4 million, representing no surprise. The company delivered an EPS surprise of -25.81%, with the consensus EPS estimate being -$0.62.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...
AMC Entertainment (AMC) Reports Q1 Loss
Zacks Investment Research· 2024-05-09 00:46
AMC Entertainment (AMC) came out with a quarterly loss of $0.78 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to loss of $1.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.81%. A quarter ago, it was expected that this movie theater operator would post a loss of $0.70 per share when it actually produced a loss of $0.54, delivering a surprise of 22.86%.Over the last four quarters, the com ...
AMC(AMC) - 2024 Q1 - Earnings Call Transcript
2024-05-09 00:26
AMC Entertainment Holdings, Inc. (NYSE:AMC) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants John Merriwether - Vice President, Capital Markets and Investor Relations Adam Aron - Chairman and Chief Executive Officer Sean Goodman - Executive Vice President and Chief Financial Officer Conference Call Participants James Goss - Barrington Research Alicia Reese - Wedbush Securities Operator Greetings and welcome to the AMC Entertainment Holdings Inc. First Quarter 2024 Earnings Webcas ...
AMC(AMC) - 2024 Q1 - Quarterly Report
2024-05-08 20:35
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33892 AMC ENTERTAINMENT HOLDINGS, INC. (Exact name of registrant as specified in its charter) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR (State or other ...
AMC(AMC) - 2024 Q1 - Quarterly Results
2024-05-08 20:25
Exhibit 99.1 INVESTOR RELATIONS: John Merriwether, 866-248-3872 InvestorRelations@amctheatres.com MEDIA CONTACTS: Ryan Noonan, (913) 213-2183 rnoonan@amctheatres.com FOR IMMEDIATE RELEASE LEAWOOD, KANSAS - (May 8, 2024) -- AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company"), today reported results for the first quarter ended March 31, 2024. First Quarter 2024 Summary Results: ● Total revenues were $951.4 million compared to $954.4 million for Q1 2023. ● Net loss improved to $(163.5) millio ...
Dear AMC Stock Fans, Mark Your Calendars for May 16
InvestorPlace· 2024-05-08 14:06
Former meme stock AMC Entertainment (NYSE:AMC) will report earnings on May 16. Shares in the movie theater chain are down by nearly half on the year. Yet CEO Adam Aron insists they’re not out, pointing to a line of “exclusive events.”Aron said on X, formerly Twitter, that AMC Theaters will host a listening party with Dolby Sound for the new Billie Eilish album “Hit Me Hard and Soft.” Analysts expect AMC to report a loss of 79 cents/share for the March quarter. Shares opened May 8 at about $3.14 each, with a ...
Weak Box Office to Dampen AMC Entertainment (AMC) Q1 Earnings
Zacks Investment Research· 2024-05-06 14:26
AMC Entertainment Holdings, Inc. (AMC) is scheduled to report first-quarter 2024 results on May 8, after market close. In the last reported quarter, the company’s earnings topped the Zacks Consensus Estimate by 22.9%.AMC Entertainment’s earnings remarkably topped the consensus mark in each of the last four quarters, the average surprise being 50.4%.How are Estimates Placed?The Zacks Consensus Estimate has widened to a loss of 62 cents per share from a loss of 60 cents over the past 7 days. In the prior-year ...
Should You Buy AMC Entertainment (AMC) Stock Before May 8?
InvestorPlace· 2024-05-02 19:11
Cineplex operator AMC Entertainment (NYSE:AMC) is facing a high-stakes opportunity to right the ship. Amid big questions about its debt load, the company will reveal its full first-quarter earnings results on May 8. While a positive contextual framing could temporarily boost AMC stock, it continues to run against significant industry-wide headwinds.Earlier this week, the movie theater chain spooked investors when it revealed that Q1 revenue will land at $951.4 million. In contrast, the company posted sales ...