AMC Q1 2022 Earnings Preview: Betting the % change in closing price to win!

Dear mooers,

AMC Entertainment Q1 2022 Earnings Conference Call is to be released on May 9 after market close! The consensus estimate for revenue is expected at $736.2 million, indicating a nearly 397% YoY growth. AMC is one of the companies which hit severely by the COVID19 pandemic.

As US states have begun easing restrictions, about 98% of AMC theaters currently have been re-opened to the public with reduced capacity. Moviegoers now have the option to flock back to theaters for the summer blockbuster season. However, more and more movie studios began to release films simultaneously on the streaming platforms, which could reduce the urgency to watch movies in a theater. That might hurt AMC's growth.

Therefore, the upcoming earnings result can explain a lot of situations while also creating trading opportunities!

Place your Bet on AMC's percentage change in closing price (i.e.+3%) of May 10 ET by 3:00 PM, May 10 ET. The mooer with the closest bet will win 300 points!

Notice:
Reward points will be given out within 5-10 working days after the results are announced.
Reward points can be used to exchange gifts at Reward Club.