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Could Dune 2 revive AMC stock after huge opening weekend?
Finbold· 2024-03-04 22:41
Following a dry spell last year, the release of Dune: Part Two has brought a significant surge in ticket sales to the US box office, offering a promising revival opportunity for the largest movie theater chain, AMC Entertainment (NYSE: AMC), and its stock.The film, produced by Warner Bros. (NASDAQ: WBD) and Legendary Entertainment, debuted with an estimated $81.5 million in US box office revenue and approximately $100 million internationally, totaling around $182 million for its opening weekend. This marks ...
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 19:45
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· 2024-03-01 03:24
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· 2024-03-01 00:24
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 10:05
财务数据和关键指标变化 - 2023年全年收入超过48亿美元,同比增长23% [1][2] - 2023年全年调整后EBITDA达4.26亿美元,同比增长9倍多 [1][2] - 2023年第四季度收入同比增长11.5%,调整后EBITDA几乎三倍 [3][4] 各条业务线数据和关键指标变化 - 2023年全球观影人次达2.4亿人次,同比增长19%,为疫情后最高 [1] - 2023年全年每位观众的食品饮料收入增长45.7%,每位观众的贡献利润增长37% [7][8] 各个市场数据和关键指标变化 - 2023年第四季度北美票房同比增长近5%,公司市占率因成功发行泰勒斯威夫特和碧昂斯的音乐电影而大幅提升 [9][10] - 国际业务由于竞争激烈,公司难以大幅提价而影响了市占率,但观影人次和食品饮料收入仍有所增长 [9] 公司战略和发展方向及行业竞争 - 公司通过关闭低效影院、开设高效影院、提高食品饮料和票价等措施,大幅提升了每位观众的利润贡献 [7][8] - 公司正积极探索发行音乐会电影等新型内容,并计划进一步拓展这一业务 [19][20] - 公司认为即使电影票房未完全恢复到疫前水平,也可实现超越疫前的利润水平 [7][8] 管理层对经营环境和未来前景的评论 - 2023年票房虽有所恢复,但受到好莱坞罢工的严重影响,2024年上半年票房可能继续低迷 [15][16] - 公司对2025年票房前景持乐观态度,预计将较2024年大幅增长10-20亿美元 [15][16][29][30] - 公司将继续优化资产负债表,延长债务期限,保持充足的现金储备,确保公司渡过难关 [11][12][13][14] 问答环节重要的提问和回答 问题1 **Eric Wold提问** 询问公司发行音乐会电影业务的未来发展空间和盈利前景 [19][20] **Adam Aron回答** 公司正积极探索发行更多类型的替代内容,如音乐会电影、喜剧片和体育赛事等,以填补院线空白,增加收入,但需谨慎投资,优先保证现金流 [20][21][22][23] 问题2 **零售股东提问** 询问公司是否考虑推出会员计划新功能,如带朋友免费观影等 [24][25] **Adam Aron回答** 公司正在测试会员计划的新功能,如增加会员等级、增加会员福利等,并将重点提升"AMC Investor Connect"计划,以回馈和吸引忠实股东 [25][26] 问题3 **零售股东提问** 询问未来3-5年公司的资本支出预算 [27][28][29] **Sean Goodman回答** 未来几年公司资本支出预算将维持在2亿美元左右的水平,主要用于维护和升级影院设施,如增加高端影厅等少量增量投资也可能进行,但需权衡投资回报率 [27][28][29]
Compared to Estimates, AMC Entertainment (AMC) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-29 09:31
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 08:51
AMC娱乐公司财报表现 - AMC娱乐公司第四季度每股亏损为0.54美元,超过了分析师预期的每股亏损0.70美元[1] - AMC娱乐公司在过去四个季度中四次超过了市场预期的每股收益[2] - AMC娱乐公司第四季度营收为11亿美元,超过了分析师预期,连续四个季度超过市场预期[3]
AMC Entertainment CEO Adam Aron Says He'll Take Pay Cut As Retail Shareholders Who Once Adored Him Protest Sinking Stock
Deadline· 2024-02-29 07:51
AMC娱乐公司CEO薪酬调整 - Adam Aron同意减少今年目标薪酬25%[1] - Aron的2022年薪酬总额为2370万美元,包括基本工资、现金奖金和股票奖励[2] AMC股价表现 - AMC股价下跌超过8%,跌至约4.56美元,远低于52周高点[3] 电影院行业恢复 - Aron认为电影院行业恢复时间过长,希望通过《沙丘:第二部》等电影逐渐改善[4] 股东争议 - Aron与股东就公司获得授权后出售新股份一事发生争执,他坚持认为出售股份和提供的现金垫是关键[5] 社交媒体争议 - Aron对社交媒体上抨击他的零售股东感到受伤,表示理解他们的挫败感和痛苦[6]
AMC Entertainment (AMC) to Post Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-02-28 00:56
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· 2024-02-28 00:18
AMC娱乐财报发布 - AMC娱乐将在市场收盘后公布第四季度财报和2023年全年业绩[1] - CEO Adam Aron将在网络直播中发表讲话,并回答投资者和分析师的问题[1] 2024年票房表现 - 2024年票房表现不佳,主要受2023年演员和编剧罢工的影响[2] - 2024年票房最高的电影是《The Beekeeper》,销售额为1.4964亿美元[2] 财务预测 - 分析师预计AMC第四季度营收为10.46亿美元,同比增长5.54%[3] - 2023年营收预计为47.54亿美元,同比增长21.54%,但仍低于2019年的54.71亿美元[3] 盈利预测 - 预计AMC第四季度的GAAP每股亏损为67美分,全年亏损为2.15美元[4] - 预计AMC第一季度营收将同比下降7.94%,GAAP每股亏损为85美分[5]