Overview
US movie theater operator's Q1 revenue rose 21% yr/yr, beating analyst expectations
Adjusted loss per share for Q1 matched analyst consensus
Company cited box office recovery and cost controls for improved results
Outlook
AMC expects significantly rising revenues for full year 2026
Company anticipates robust box office growth in second half of 2026
AMC sees industry momentum from increased theatrical releases and extended release windows
Result Drivers
BOX OFFICE RECOVERY - AMC said a 22% yr/yr surge in the North American box office and improved international attendance drove revenue growth
COST CONTROLS - Co said disciplined operating execution and cost containment contributed to improved results
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.05 bln
$968.51 mln (8 Analysts)
Q1 Adjusted EPS
Meet
-$0.36
-$0.36 (6 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy."
Wall Street's median 12-month price target for AMC Entertainment Holdings Inc is $1.88, about 29.3% above its May 4 closing price of $1.45
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)