NYSE$AMC
AMC Entertainment Holdings Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
AMC outperformed expectations in Q1 2024, exceeding consensus estimates for Revenue, Adjusted EBITDA, Net Income, and Diluted Earnings per share.
AMC Entertainment Holdings, Inc. reported total revenues of $951.4 million and a net loss of $(163.5) million for the first quarter ended March 31, 2024. The company exceeded consensus estimates for Revenue, Adjusted EBITDA, Net Income, and Diluted Earnings per share. Despite a 6% decline in the first quarter 2024 North American box office compared to 2023, AMC grew its domestic market share and maintained total revenues in line with the prior year.
- Total revenues were $951.4 million compared to $954.4 million for Q1 2023.
- Net loss improved to $(163.5) million compared to a net loss of $(235.5) million for Q1 2023.
- Net loss per diluted share was $(0.62) compared to $(1.71) for Q1 2023.
- Cash and cash equivalents at March 31, 2024 was $624.2 million.
Headline financials
Revenue & EPS history
AMC · Revenue · Quarterly
$951M
Revenue by segment
AMC · $1.28B total across 2 segments · Q3 2023
- Admissions$798M+46.3%62.3%
- Food & Beverage$483M+44.8%37.7%
Forward guidance
While the second quarter box office will continue to be affected by the 2023 Hollywood strikes, we continue to be ebullient about the upcoming film lineup in the second half of 2024 and throughout 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
-0.9%
Avg return
Earnings day
+2.6%
Avg return
5 days after
+11.8%
Avg return
30 days after
33%
13 / 39 earnings
Positive
+31.1%
Q4 2019
Best reaction
-14.8%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +10.4% | +4.2% | +35.4% | |
| Q4 2025 | -1.7% | -3.3% | -17.5% | |
| Q3 2025 | +3.2% | -2.8% | -9.2% | |
| Q1 2025 | -0.4% | +1.1% | +25.5% | |
| Q4 2024 | -0.3% | -6.7% | -11.9% | |
| Q3 2024 | -1.8% | +2.3% | +7.7% | |
| Q2 2024 | -3.9% | -5.9% | -5.9% | |
| Q1 2024 | -4.1% | +62.7% | +53.9% | |
| Q4 2023 | -9.8% | -10.2% | -22.7% | |
| Q3 2023 | -14.8% | -22.7% | -32.2% | |
| Q2 2023 | -2.3% | +2.7% | -84.1% | |
| Q1 2023 | +0.6% | -7.3% | -23.1% | |
| Q4 2022 | -8.8% | -13.5% | -34.7% | |
| Q3 2022 | -13.9% | +35.1% | +13.9% | |
| Q2 2022 | +2.5% | +23.3% | -51.2% | |
| Q1 2022 | -9.0% | -14.2% | -1.7% | |
| Q4 2021 | -2.9% | -12.1% | +30.6% | |
| Q3 2021 | +8.1% | -4.1% | -22.4% | |
| Q2 2021 | +3.4% | +2.4% | +45.0% | |
| Q1 2021 | -1.9% | +9.6% | +422.5% | |
| Q4 2020 | -6.2% | +33.7% | -10.3% | |
| Q3 2020 | -8.9% | +5.5% | +83.1% | |
| Q2 2020 | -0.2% | +9.9% | +69.2% | |
| Q1 2020 | -7.1% | -8.7% | -29.1% | |
| Q4 2019 | +31.1% | +30.3% | +85.2% | |
| Q3 2019 | -4.6% | -4.2% | -16.9% | |
| Q2 2019 | +5.8% | +2.8% | +1.5% | |
| Q1 2019 | -7.0% | -7.8% | -26.6% | |
| Q4 2018 | +1.2% | +12.6% | +7.1% | |
| Q3 2018 | -1.4% | -15.5% | -22.4% | |
| Q2 2018 | -1.5% | +6.1% | +16.9% | |
| Q1 2018 | +5.5% | +0.0% | -9.8% | |
| Q4 2017 | -1.7% | +6.3% | -6.3% | |
| Q3 2017 | +2.5% | -7.6% | +19.7% | |
| Q2 2017 | +7.6% | +2.6% | -6.3% | |
| Q1 2017 | -1.0% | -7.6% | -18.4% | |
| Q4 2016 | -0.3% | -6.5% | -1.0% | |
| Q3 2016 | +2.6% | +10.2% | +4.3% | |
| Q2 2016 | -3.3% | -1.3% | +3.4% | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q3 2012 | — | — | — |
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