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AMC Entertainment Holdings, Inc. Board of Directors Elects Sonia Jain to Serve as a Director of the Company, Effective March 1, 2024
Businesswire· 2024-03-01 11:45
LEAWOOD, Kansas--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc., (NYSE:AMC), the largest theatrical exhibitor in the United States and in the world, today announced that the Company’s Board of Directors has elected Sonia Jain to the AMC Board of Directors, effective March 1, 2024. Jain will serve as a Class III director of the Company with a term expiring at the Company’s 2026 Annual Meeting of Stockholders, and at that meeting will stand for re-election thereafter. She will serve as a Member of the A ...
All of AMC's revenue growth came from Taylor Swift and Beyoncé films, theater chain says
CNBC· 2024-02-29 19:24
Popcorn buckets are pictured during the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023.Move over Nicole Kidman. AMC has some new patron saints.In the final three months of 2023, AMC saw revenue increase by 12% and operating profit by one measure nearly tripled compared with the same period a year before. "Literally all" that growth was tied to concert films from Taylor Swift and Beyoncé, AMC CEO Adam Aron told analysts Wednesday."These two movies ...
AMC market share gains among positives to look forward to - analyst
Proactive Investors· 2024-02-29 16:24
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
AMC(AMC) - 2023 Q4 - Earnings Call Transcript
2024-02-29 02:05
AMC Entertainment Holdings, Inc. (NYSE:AMC) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants John Merriwether - VP of IR Adam Aron - Chairman and CEO Sean Goodman - CFO Conference Call Participants Eric Wold - B. Riley Securities Operator Greetings and welcome to the AMC Entertainment Holdings Fourth Quarter and Full Year 2023 Earnings Webcast. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, John Merriw ...
Compared to Estimates, AMC Entertainment (AMC) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-29 01:31
For the quarter ended December 2023, AMC Entertainment (AMC) reported revenue of $1.1 billion, up 11.5% over the same period last year. EPS came in at -$0.54, compared to -$1.40 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.06 billion, representing a surprise of +3.82%. The company delivered an EPS surprise of +22.86%, with the consensus EPS estimate being -$0.70.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...
AMC Entertainment (AMC) Reports Q4 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-02-29 00:51
AMC Entertainment (AMC) came out with a quarterly loss of $0.54 per share versus the Zacks Consensus Estimate of a loss of $0.70. This compares to loss of $1.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.86%. A quarter ago, it was expected that this movie theater operator would post a loss of $0.20 per share when it actually produced a loss of $0.09, delivering a surprise of 55%.Over the last four quarters, the company ...
AMC Entertainment CEO Adam Aron Says He'll Take Pay Cut As Retail Shareholders Who Once Adored Him Protest Sinking Stock
Deadline· 2024-02-28 23:51
Adam Aron and the AMC Entertainment board have agreed to reduce the CEO’s target compensation by 25% this year, he said, as he’s bombarded with hostility by the theater chain’s large group of retail shareholders angry at the sinking stock. It means the target amount that he’d be eligible for would be lower. Aron didn’t give details. His 2022 compensation totaled $23.7 million, including a base salary of $1.5 million, a $6 million cash bonus, and stock awards valued at $16.2 million. Pay for 2023 will come ...
AMC Entertainment (AMC) to Post Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-02-27 16:56
AMC Entertainment Holdings, Inc. (AMC) is scheduled to report fourth-quarter 2023 results on Feb 28, after market close. In the last reported quarter, the company’s earnings and revenues topped the Zacks Consensus Estimate by 55% and 8.6%, respectively.AMC Entertainment’s earnings remarkably topped the consensus mark in each of the last four quarters, the average surprise being 53%.How Are Estimates Placed?The Zacks Consensus Estimate for the fourth quarter has widened to a loss of 70 cents per share from 6 ...
AMC Stock: 3 Things to Watch When AMC Entertainment Reports Tomorrow
InvestorPlace· 2024-02-27 16:18
AMC Entertainment (NYSE:AMC) is set to report its fourth-quarter earnings and 2023 full-year results tomorrow after the market close. Shareholders should be sure to tune into the accompanying webcast, as CEO Adam Aron previously posted on X (the platform formerly known as Twitter) that he will have “much to say.” AMC will also take questions from AMC Investor Connect members and analysts during the event. AMC will announce q4 and full year 2023 earnings Feb 28 at 5:00 pm EST. I realize many of you have want ...
AMC(AMC) - 2023 Q4 - Annual Report
2024-02-27 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ 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) Delaware (State or ot ...