This bear market is tanking stocks despite good or bad news as majority of the market mimics the SPY, down more than 15% this year. Related: AMC Dominates with Powerful Q1 Results: Highlights AMC’s Q1 earnings will matter laterĭespite AMC’s incredible improvement in the past year (and this year), earnings calls played a very little role in the company’s overall stock price.Īnalysts believed AMC and the entire movie theatre industry were going to collapse after the Covid lockdowns, but AMC proved them wrong.ĪMC hosted approximately 60 million guests in the United States, Europe, and Middle East in Q4 alone.Īnd as Covid restrictions have been lifted in 2022, people are feeling safer attending the movies and other public events today. Given the number of titles that have been released so far (and upcoming), AMC should have no trouble dominating in 2022. The company has beat every quarter earnings since 2021 as more guests attended AMC movie theatres.ĪMC announced earlier this year that as of Q4 of 2021, the company now has a positive EBITDA.ĮBITDA provides investors with a snapshot of a company’s overall financial performance.įundamentally speaking, it’s a massive win for AMC Entertainment as a business.ĪMC Shareholders were able to arm the company with more than $1.8 billion in liquidity for Q4 of 2021 and ended Q1 of 2022 with $1.7 billion.ĬEO and President Adam Aron said this $1.7 billion will provide AMC with more security and flexibility to go on the offense. AMC Q1 earnings call 2022ĪMC Entertainment is just announced their Q1 earnings call for 2022 earlier in May. Receive weekly market news to stay up to date. Join the newsletter to become part of an activist group fighting for market transparency!
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