Theater company AMC Entertainment (NYSE:AMC) will be announcing earnings results this Wednesday afternoon. Here’s what you need to know.
AMC Entertainment beat analysts’ revenue expectations by 3.1% last quarter, reporting revenues of $1.40 billion, up 35.6% year on year. It was a stunning quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.
Is AMC Entertainment a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting AMC Entertainment’s revenue to decline 9.3% year on year to $1.22 billion, a further deceleration from the 4.1% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.22 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. AMC Entertainment has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 3.4% on average.
Looking at AMC Entertainment’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Nike delivered year-on-year revenue growth of 1.1%, beating analysts’ expectations by 6.5%, and The Real Brokerage reported revenues up 52.6%, topping estimates by 6.5%. Nike traded up 6.5% following the results while The Real Brokerage was also up 3.9%.
Read our full analysis of Nike’s results here and The Real Brokerage’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.4% on average over the last month. AMC Entertainment is down 10.3% during the same time and is heading into earnings with an average analyst price target of $3.29 (compared to the current share price of $2.60).
P.S. STOP buying the AI stocks everyone’s talking about. The real money? It’s in the profitable pick nobody’s watching yet. We’ve identified an AI profit machine that’s flying under Wall Street’s radar—for now. We can’t keep this research public forever—grab your FREE copy before we pull it offline. GO HERE NOW.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source finance.yahoo.com ’
