NYSE$AMC

AMC Entertainment Holdings Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

AMC's second quarter was transformational as the company raised new equity capital and welcomed millions of guests back to theaters, leading to financial results exceeding expectations.

AMC Entertainment Holdings, Inc. reported a transformational second quarter in 2021, marked by raising $1.25 billion in new equity capital and a resurgence in movie-going demand. The company welcomed over 22 million guests back to its theaters globally and saw financial results considerably ahead of expectations, driven by new blockbuster films and increased spending on food and beverage offerings.

  • Raised $1.25 billion of new equity capital, boosting quarter-ending liquidity to over $2 billion.
  • Welcomed more than 22 million guests back to theatres across the globe.
  • New blockbuster films drove successive new pandemic-era box office records.
  • Increased vaccination counts drove rising movie going demand.

Headline financials

Total Revenue

$445M

Previous: $18.9M+2252.9%
EPS (adj)

-$7.10

Previous: -$54.40+86.9%
Free Cash Flow

-$344M

Previous: -$561M+38.8%
Net Income

-$344M

Previous: -$561M+38.8%
Operating Income

-$297M

Previous: -$472M+37.1%
Gross Profit

$445M

Previous: $18.9M+2252.9%
Cash & Equivalents

$1.81B

Previous: $498M+263.7%
Total Assets

$11.3B

Previous: $11.3B+0.5%
Stock-Based Comp

$8.4M

Previous: $3.7M+127.0%

Revenue & EPS history

AMC · Revenue · Quarterly

$445M

Q2 2021+2,252.9%vs Q2 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

AMC · $395M total across 2 segments · Q2 2021

  • Admissions
    $233M+25788.9%
  • Food & Beverage
    $162M+40275.0%

Forward guidance

AMC's journey through this pandemic is not finished, and the company is not yet out of the woods.

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 Q2 2021

Historical avgQ2 2021

-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

Earnings price reactions
QuarterReport dateReaction (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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