AMC Entertainment Stock Is Tumbling Wednesday: What's Going On?
AMC Entertainment Stock Is Tumbling Wednesday: What's Going On?
AMC also said it expects to report a cash and cash equivalents balance of approximately $770.3 million as of June 30. AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading lower Wednesday after the company reported preliminary results for the second quarter.
AMC院线控股股份有限公司 (纽交所：AMC)周三股价下跌，因公司发布了第二季度的预测结果。
What Happened: AMC said it expects second-quarter revenue of approximately $1.03 billion versus estimates of $1.018 billion, according to estimates from Benzinga Pro.
发生了什么事情: 根据彭博社专业版(Benzinga Pro)预测，AMC表示它预计第二季度的营业收入约为10.3亿美元，而市场预期为10.18亿美元。
The company anticipates a second-quarter loss of 10 cents per share versus estimates for a loss of 43 cents per share. Adjusted EBITDA is expected to be approximately $29.4 million in the second quarter.
公司预计每股亏损10美分，而市场预期每股亏损43美分。调整后的息税前利润预计在第二季度达到约2940万美元。
AMC also said it expects to report a cash and cash equivalents balance of approximately $770.3 million as of June 30.
AMC还表示，截至6月30日，其现金及现金等价物余额预计约为77030万美元。
"As we accurately predicted and previously disclosed, the prolonged actors and writers strikes of 2023 severely reduced the number of movies being released theatrically in the early months of 2024. This explains the weakness in our preliminary Q2 2024 results, as contrasted with the same quarter of a year ago," said Adam Aron, chairman and CEO of AMC Entertainment.
AMC Entertainment的董事长兼首席执行官亚当·阿伦表示:"正如我们准确预测和事先披露的那样，在2023年演员和编剧罢工长达数月，这严重削减了2024年前几个月放映在电影院中的电影数量。这就解释了我们的第二季度2024年的业绩疲软，与去年同期相比”。
"But if looking only at the full quarter, the lay observer might easily miss the incredibly good news that transpired within the second quarter. Finally, moviegoing in theatres appears again to be on an upwards trajectory. AMC enjoyed a significant increase in our daily revenues in June of 2024 as compared to those of April and May of 2024."
"但是，如果仅关注整个季度，那么观察者可能会轻易地忽略在第二季度发生的令人难以置信的好消息。最终，电影院的观影再次呈上升曲线。AMC在2024年6月的每日收入相比于2024年4月和5月大幅增长。"
AMC noted that the strong box office momentum has continued into July. The company expects box office momentum in the second half of 2024 and into 2025 and 2026 to show "Increasing strength."
AMC指出，强劲的票房势头已经延续到7月份。公司预计，2024年下半年以及2025年和2026年的票房势头将呈现“增长趋势”。
"This in turn suggests that AMC should enjoy increasing Adjusted EBITDA, if as and when overall industry revenues are climbing. Such improvements in revenues, earnings and Adjusted EBITDA are our current expectations going forward, all of which shine brightly on AMC's future," Aron added.
亚伦补充道:"这反过来又表明，如果整个行业的收入正在增长，AMC的调整后息税前利润应该会增加。我们目前的预期是，收入、盈利和调整后息税前利润都将有所改善，这些都是AMC未来的亮点。"
AMC scheduled its second-quarter financial results for Aug. 2. The company will hold a conference call after the market closes that day to discuss its quarterly results.
AMC将于8月2日公布第二季度财报。当天收盘后，公司将举行电话会议，讨论季度业绩。
Don't Miss: Are The Good Times 'About To Roll' At AMC? Adam Aron Highlights 'Staggering' Box Office Lineup, 'Good News' For Shareholders
不要错过：AMC好时光即将来临？亚当·阿伦强调“惊人的”票房阵容，为股东带来“好消息”
AMC Price Action: AMC shares were halted for new pending ahead of the market open. The stock was down 5.12% at $4.82 at the time of publication, per Benzinga Pro.
AMC股票在市场开盘前暂停交易。截至发稿时，股票下跌了5.12%，报4.82美元。
Photo: Dave Dugdale from Flickr.
照片：Dave Dugdale来自Flickr。
