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Earnings Season: Mooers' Discussion
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[UpcomingLive] AMC and XPEV earnings calls to come!

Next week, we will broadcast the earnings conference calls of the world's largest cinema enterprise AMC Entertainment $AMC Entertainment(AMC.US)$ and Chinese popular EV company XPeng $XPeng(XPEV.US)$ .

Schedule:

XPeng: 03/08/2021 8:00 am EST
AMC Entertainment: 03/10/2021 5:00 pm EST

Earnings Preview

1. AMC Entertainment $AMC Entertainment(AMC.US)$

After experiencing a sharp decline in revenue in 2020, the debt-ridden AMC is facing a serious threat of bankruptcy. But the situation reversed in the last week of January. Retail investors rewrite the story of AMC! Starting on the 25th, AMC not only eliminated the option of immediate bankruptcy through large-scale financing, but also became the protagonist in the wsb wave set off by retail investors, and the stock price soared at its peak, nearly 10 times.

The market expects AMC Entertainment to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2020. This movie theater operator is expected to post quarterly loss of $3.39 per share in its upcoming report, which represents a year-over-year change of -1068.6%. But if the results beat expectations, the stock price may soar again, let us look forward to it together!
[UpcomingLive] AMC and XPEV earnings calls to come!
There is huge potential in the Chinese EV market, and competition among companies is fierce. LI Auto and NIO have recently released earnings reports. As one of their strongest competitor, XPeng, will release earnings next week! In Q4, a total of 12,964 units were delivered by XPEV, an increase of 51% from the previous quarter, and a total of 27,041 units were delivered throughout 2020, a year-on-year increase of 112%. Nio $NIO Inc(NIO.US)$ , LI Auto $Li Auto(LI.US)$ and XPeng, who is the strongest EV company in China?
[UpcomingLive] AMC and XPEV earnings calls to come!
Follow me to get the lastest earnings conference calls! And come to Earnings Season:mooers' discussionto share your thoughts!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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