AMC Entertainment (AMC) reported revenue of $951.4 million for the quarter ending March 2024, down 0.3% year-over-year. EPS for the same period was -$0.78, compared to -$1.30 a year ago.
The reported revenue comes as no surprise when compared to the Zacks Consensus Estimate of $951.4 million. The company delivered his EPS surprise of -25.81%, while the consensus estimate for EPS was -$0.62.
To determine their next move, investors scrutinize year-over-year changes in sales and profits and how they compare to Wall Street expectations to determine their next move, but how many? These key metrics always provide a more accurate picture of a company's financial health.
These metrics play an important role in determining sales and bottom line numbers, so comparing them to previous year's numbers and analyst estimates can help investors get a more accurate picture of a stock's performance. useful for predicting.
Here are AMC Entertainment's recently reported quarterly results in terms of the metrics most widely monitored and predicted by Wall Street analysts.
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Revenue – Food and Beverage: $321.2 million, compared to the average forecast of four analysts of $312.13 million. The reported figure represents a -2.3% year-over-year change.
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Revenue – Other Theaters: Average estimate of four analysts: $99.7 million vs. $83.2 million. Compared to the same period last year, this figure represents a change of +8.8%.
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Income – Admission fee: $530.5 million, compared to the average estimate of four analysts of $505.63 million. The reported figure represents a year-over-year change of -0.7%.
View all key company metrics for AMC Entertainment here>>>
AMC Entertainment stock has returned +7.4% over the past month. In comparison, the Zacks S&P 500 composite index changed -0.2%. The stock currently has a Zacks Rank #3 (Hold), indicating it has the potential to perform in line with the broader market in the near term.
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