AMC Q1 2023 Earnings Preview: Grab rewards by guessing the closing price!
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AMC is expected to report losses. Still, the company revenue will be well below pre-pandemic levels. Domestic box-office proceeds will be significantly higher. AMC is also expected to report a significant reduction in its outstanding debt, primarily through the exchange of debt into equity. But even so, the company still carries a very heavy debt burden. So it's likely the markets will react positively to any improvement to AMC's balance sheet.
intuitive Jackal_354 : you realize analysts are payed by banks to scew the facts
ben123 : Regardless of earnings, revenue growth will stimulate shareholders' enthusiasm to buy
Mafiosa818 ben123 :
ReggieC : AMC Popcorn and more movies in theater will beat expectations
intuitive Jackal_354 ben123 : agreed
intuitive Jackal_354 Mafiosa818 : ? what am I chopped beef
Souxiesue : Maybe 7-8$
Go Figure intuitive Jackal_354 : report release is pre market if they performed well first quarter chances are it will scale up
GodSpeed289 : + 7%
AMC is expected to report losses. Still, the company revenue will be well below pre-pandemic levels. Domestic box-office proceeds will be significantly higher. AMC is also expected to report a significant reduction in its outstanding debt, primarily through the exchange of debt into equity. But even so, the company still carries a very heavy debt burden. So it's likely the markets will react positively to any improvement to AMC's balance sheet.
marthur : 10.25
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