Will AMC Entertainment (AMC) Report Negative Earnings Next Week? What You Should Know

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for AMC Entertainment despite lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - AMC is expected to report a quarterly loss of $0.16 per share, reflecting an 11.1% year-over-year change, while revenues are projected to be $1.28 billion, down 2.4% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 10% lower in the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][12]. Earnings Surprise Prediction - The Most Accurate Estimate for AMC is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -12.17%, which complicates the prediction of an earnings beat [12]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. Historical Performance - In the last reported quarter, AMC was expected to post a loss of $0.19 per share but actually reported a loss of $0.21, resulting in a surprise of -10.53% [13]. - Over the past four quarters, AMC has beaten consensus EPS estimates twice [14]. Conclusion - AMC Entertainment does not appear to be a strong candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of its earnings release [17].