AMC Q4 2022 Earnings Preview — Betting the % change in closing after-hours price to win!

Place your Bet on AMC's percentage change in closing after-hours price (e.g.+3%) of February 28 ET by 6:30 PM, February 28 ET. The mooer with the closest bet will win 300 points!

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

AMC's Q4 2022 Earnings Conference Call is to be hosted on February 28 ET, after the U.S. markets close! The consensus estimate for revenue is expected at $1.05 billion, indicating a nearly 10.3% year-on-year (YoY) decrease. The EPS is estimated at minus $0.202 for this quarter.

AMC suffered from a difficult time because of the weak lineup of new releases in the third quarter. Specifically, AMC's attendance was recorded at 53 million moviegoers In Q3, representing approximately 56% of pre-pandemic levels. For Q4, AMC's management had an optimistic outlook due to a strong movie slate. The big names like Black Panther: Wakanda Forever and Avatar: The Way of Water both reported gross profits of up to $400 million domestically (Source: The Arena group).

With the film slate improving, an increasing number of customers return to AMC theatres, which may help AMC's recovery. Whereas it still needs to be determined whether we will face a recession in 2023, which influences people's budgets for some general reputation movies and it can hurt the company's revenue.

Period: Last 3 months; Number: 3 institutional analysts

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

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