AMC reported strong quarterly earnings. But stay away from illusions?
$AMC Entertainment(AMC.US$ shares fell more than 5% in extended trading Monday even though the movie theater operator posted a third-quarter loss that was narrower than expected and revenue that surged 539% year over year.
Loss per share: 44 cents vs. 53 cents expected
Revenue: $763.2 million vs. $708.3 million expected
Our financial results continue to improve. One can see and feel that our industry and our company are on a path of recovery and improvement. ... However, even amidst such good news, we are not yet where we want and need to be.
We wish to emphasize that no one should have any illusions that there is not more challenge ahead of us still to be met. The virus continues to be with us, we need to sell more tickets in future quarters than we did in the most recent quarter, and adjusted EBITDA is still well below pre-pandemic levels.
CEO Adam Aron said in a statement Monday.
What's adjusted EBITDA?
Adjusted EBITDA is a financial metric that includes the removal of various one-time, irregular, and non-recurring items from EBITDA (Earnings Before Interest Taxes, Depreciation, and Amortization).
Why it matters?
The purpose of adjusting EBITDA is to get a normalized number that is not distorted by irregular gains, losses, or other items. It's an important indicator to evaluate a company’s operating performance.
This is why Aron reminds investors to stay rational amid meme stocks craze when there is still more challenges ahead to be met.
How to locate EBITDA?
Step 1: Go to [News], Click [Announcement] and 「Earnings Report」
How to locate EBITDA?
Step 1: Go to [News], Click [Announcement] and 「Earnings Report」
Step 2: Tap [Doc 1], Search [EBITDA] and you will easily locate the item.
Note that all indicators need to be tracked over time to provide reference value.
Do you want to learn more about fundamental analysis? Do you want to invest based on reliable research instead of speculative trading?
Do you want to learn more about fundamental analysis? Do you want to invest based on reliable research instead of speculative trading?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Learn Official Account
Easy learning at moomoo Learn.
Let's trade smarter！
20KFollowers
105Following
24KVisitors
Follow
ur wifes boyfriend : they will say anything to make it look bad. instead of telling the truth that the shorts were attacking all day long
Cashcauterize : Dark pool boys, the pirates of the economic ocean not only steal our money also scare people away from buying tickets on the AMC cruise ship, it's a scary ride, it always seems to make port every 3 months, buy a ticket stay a while and develop sea legs, you wont be sorry
Patek1975 : Let continue to dance on the moon
要HoDL : welcome to the real world!
OptionStrengthViewer : What’s with the “3rd quarter-loss” just fucking say improved 3rd quarter performance.
Ornery Neptune : AMC a stock for the people who push back against market fraud and manipulation. #AMC #GME Best investment in the market!
Moonmoon89 : All these FUD opened my eyes on how MSM pushed their narrative to retail investors.
DeeAPE64 : Let’s go to the moon AMC!!! not afraid of the news I heard him speak in the podcast he Sounded very pouehere AMC is going snd it’s not down the only reason the stock will go down are the hegefunders who hate the little guys making a few bucks instead of always the rich Using their sneakY tactics to scare away the Poor man trying to make a few bucks they won’t even let that happen suck greed makes us sick! I hope we Can do what they do to people everyday only to them the not so nice haters! Let us be and make Some money!! Thank you!!
DCfire : like it or not, AMC has been the most consistent stock in the market for trading . me myself I hodl but I can almost tell you exactly what it's going to do if I wanted to swing trade it. believe me I have been tempted!
ur wifes boyfriend : logthefloat.com
View more comments...