AMC Entertainment (AMC) Tops Q1 EPS by 1c, Beats on Revenue; Offers Guidance Comments

(Updated - May 8, 2024 4:35 PM EDT)

AMC Entertainment (NYSE: AMC) reported Q1 EPS of ($0.78), $0.01 better than the analyst estimate of ($0.79). Revenue for the quarter came in at $951.4 million versus the consensus estimate of $861.06 million.

“While the second quarter box office will continue to be affected by the 2023 Hollywood strikes, we continue to be ebullient about the upcoming film lineupin the second half of 2024 and throughout 2025. With many more great films slated for the remainder of 2024, 2025 and even well into 2026, we are exceedingly confident in our ongoing recovery trajectory.” - CEO Adam Aron.

For earnings history and earnings-related data on AMC Entertainment (AMC) click here.

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