AMC Entertainment Non-GAAP EPS of -$0.11 beats by $0.14, revenue of $1.17B beats by $60M

• AMC Entertainment press release (NYSE:AMC): Q4 Non-GAAP EPS of -$0.11 beats by $0.14.
• Revenue of $1.17B (+620.0% Y/Y) beats by $60M.
• Shares +1.2% AH.
• Attendance (in thousands) 59,683
   
• U.S. markets attendance (in thousands)  40,364
   
• International markets attendance (in thousands) 19,319 
   
• Average screens  10,177

Comments

[Magaman83]

Why do all the naysayers NEVER mention that AMC has 100 million shares sold short that HAVE TO BE BOUGHT BACK WHICH WILL CAUSE A GINERMOUS SHORT SQUEEZE?!?!?🤔🤔🤔

[bottomupanalysis]

@Magaman83 why? 100 million shares is nothing with the volume and why cover? Keep dreaming.

[Thin Placebo]

@Magaman83 why do all the apes NEVER mention that the shorts don’t have to cover all at once so there’s no guarantee that there will be a short squeeze when they do cover!?!?!? 🤔🤔🤔

[User 49215273]

I want a Spideman NFT

[bottomupanalysis]

@Big fish 73 you want to get your money back would b a better post. Keep swinging!

[User 49215273]

@bottomupanalysis Hey I’m totally stoked at not only the results but the future potential. With omicron at its peak I was shocked that they went EBITA positive!

I like some of this quarter’s blockbusters but also think there will be some sleeper busters as well. That Pixar movie Red is going to surprise big time. That is my bold prediction.

We’re over Covid, it’s a non factor now (with respect to attendance only) we just want to get out. Some of the younger generation has not had an opportunity to go to the movies until now with their friends, couples are looking for some date night action,and friends just want to socialize like crazy. No one wants to stay home, no one in the targeted movie audience as well as the boomer generation.

I’m telling you AMC will turn profitable and with the end of the year momentum with increased movie advertising building excitement it’s going to be fun again….long AMC!

[Andrew Shapiro]

@Big fish 73 your sentiments are correct about movie exhibition but other publicly traded exhibitors have far greater upside that does not rely on MOASS to drive it. $RDI $MCS $CNK

[acpennington]

GAAP EPS was -$0.26, and attendance was "well short of pre-pandemic numbers" to quote the CEO. No sign of a real turn-around.

[Jamie Samans]

@acpennington the word "turnaround" means an inflection point after which things get better. It doesn't mean attaining the same point where things first started going wrong.

[garycd]

It's a beat but still not justification for a stock price over $10.

[808_clint]

AMC beats EPS by double and yet no positive price action from it?! Manipulation AT ITS FINEST!!!

[Jamie Samans]

@808_clint you mean, you find it suspicious that a company valued three times any plausible fundamental price that only lost a further $100+ million didn't double on the news?

[Retire & enjoy life]

@Jamie Samans yep!

[Thin Placebo]

@808_clint they could’ve beat by triple the EPS estimate and it still wouldn’t justify the current stock price, that’s why

[SANCH3Z]

I'll take it :)

[User 49215273]

Positive EBITA ….Nice

[apineda7000]

Batman…Stock going higher no matter what….not even war stops amc

[streaky]

The refinancing matters more anyway, but oh hey, a beat.