AMC: Will The Last Bear Kindly Leave The Theatre

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Leo Imasuen
7.02K Followers

Summary

  • AMC's fourth quarter is set to be strong, with the new Black Panther and Avatar set for a strong box office.
  • The company's third quarter earnings outperformed expectations but suffered from a quiet movie slate.
  • Liquidity remained strong at $900 million, with management expecting positive operating cash flows for the final quarter of the year.

AMC movie theatre.

BCFC

Tales of AMC's (NYSE:AMC) death have been greatly exaggerated, with the company set to realize one of its largest fourth quarters on record on the back of the cumulative box office of Disney's (DIS) Black Panther: Wakanda

Domestic box office 2006 to 2012

The Hollywood Reporter

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Data by YCharts

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Data by YCharts

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Data by YCharts

AMC Corporate Borrowings

AMC

AMC CEO Adam Aron Tweet

Twitter

This article was written by

Leo Imasuen profile picture
7.02K Followers
The equity market is an incredibly powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. These two polarising forces lay at the core of my stock coverage. The aim is to avoid wealth destruction and embrace wealth creation. I primarily focus on sustainable companies, growth stocks, deSPACs, and income investing.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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