AMC Earnings Prediction
The chart below shows how AMC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AMC sees a -5.75% change in stock price 10 days leading up to the earnings, and a -5.51% change 10 days following the report. On the earnings day itself, the stock moves by -0.05%. This data can give you a slight idea of what to expect for the next quarter's release.
AMC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.35B
-4.06%
30.88%
Gross Margin
59.08%
0.24%
-0.12%
Operating Margin
5.48%
-25.85%
-222.05%
Net Margin
-1.53%
-275.86%
-51.89%
EPS
-0.06
-175.00%
-40.00%
No Data Available
AMC Earnings Analysis
AMC ENTERTAINMENT HOLDINGS, INC. Corporation (AMC.N) Earnings Conference Call
Positive
Box Office Surge: In the third quarter of 2024, the domestic industry box office set a post-pandemic high of $2.7 billion, up 37% from the second quarter of 2024.
Record Admissions and Concessions Revenue: AMC achieved a new record for third quarter admissions revenue per patron, and reported all-time record food and beverage revenues per patron.
Record Q3 EBITDA Performance: AMC's adjusted EBITDA was 4x stronger in Q3 of '24 than that of Q2 of 2024, marking the second-best EBITDA performance of any third quarter in AMC's 104-year history.
Box Office Strength Increase: The domestic industry-wide box office was 82% stronger between mid-June and end-September than it was in 2024 prior to June 14.
Revenue Comparison 2024: AMC's total revenues were 31% stronger than the revenues of 2024.
Negative
Attendance Decline Analysis: In the third quarter of 2024, AMC's consolidated attendance was approximately 12% below the same period last year, indicating a decline in customer engagement.
Box Office Revenue Analysis: The domestic box office revenue for the third quarter of 2024 was $2.7 billion, which, despite being up 37% from the second quarter of 2024, still fell short of pre-pandemic levels.
Net Loss Reduction: AMC's net loss in the third quarter of 2024 was narrowed by 37% compared to the loss in the second quarter of 2024, but it still reflects ongoing financial challenges.
Attendance Decline Despite Revenue Growth: Despite achieving a new record for admissions revenue per patron in the third quarter of 2024, the overall attendance was still 25% lower than in the same quarter of 2019, highlighting a significant drop in customer numbers.
Revenue Decline Analysis: The company reported a total revenue decrease of 31% compared to the same quarter in 2023, indicating a concerning trend in financial performance.
AMC FAQs
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AMC Earning Call Sentiment
AMC Entertainment Holdings, Inc. (AMC) Q3 2024 Earnings Call Transcript
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AMC.N
-2.04%Positive
AMC's earnings call reveals strong financial performance with significant revenue growth, narrowed net loss, and increased adjusted EBITDA. The debt reduction and maturity extension improve financial health. The Q&A highlights promising loyalty programs and potential growth in sports programming. Despite some unclear responses, the overall sentiment is positive due to improved financial metrics and optimistic guidance. With a market cap of $1.41 billion, the stock is likely to see a positive movement of 2% to 8% over the next two weeks.
