Moo Earnings wrote a post · Nov 7, 2022 08:41

AMC Q3 2022 Earnings Preview - Betting the % change in closing after-hours price to win!

Bet Game

Place your Bet on AMC's percentage change in closing after-hours price (e.g.+3%) of November 8 ET by 7:00 PM, November 8 ET. The mooer with the closest bet will win 300 points!

Lucky Draw

The 10th, 20th, 30th, 40th and so on mooers to comment will get 30 points.

AMC's Q3 FY22 Earnings Conference Call is to be hosted on November 8 ET after the U.S. markets close! The consensus estimate for revenue is expected at $1036.36 million, indicating a nearly 35.79% YoY growth. The EPS is estimated at minus $0.204 for this quarter.

According to CEO Adam Aron in August, the July Food & Beverage appears to be the biggest single-month figure in AMC's history. Besides, AMC's internal forecast is that the 2023 domestic box office will be billions of dollars larger than that of 2022 and AMC looks forward to Q4 2022 and calendar year 2023 with glee. But for Q3, Aaron admitted there is a lack of big films released, which means the company's earnings results might be slow down for now.

AMC has bounced back periodically since the darkest time from Q2 2020, and its stock price has already doubled than that time. But there are fewer people going to the cinema than before the pandemic and the company's revenue remains below what investors saw in 2019. The surge in popularity of streaming services cannot be underestimated, as well.

Earnings growth will be in focus, when the global economic backdrop has been rocky this year. The upcoming earnings results might offer more information and create more trading opportunities!

Notice:

Rewarding points will be distributed within 5-7 working days after the results are announced.

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AMC Q3 2022 Earnings Conference Call

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