NYSE$AMC

AMC Entertainment Holdings Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

AMC Entertainment Holdings, Inc. reported strong fourth-quarter results for 2024, with significant revenue growth and a substantial increase in Adjusted EBITDA, driven by higher attendance and food and beverage sales.

AMC Entertainment Holdings, Inc. announced record fourth-quarter results for 2024, with total revenues increasing by over 18% compared to the previous year. The company's Adjusted EBITDA more than tripled, and it generated over $200 million in cash from operating activities, marking its highest quarterly cash flow post-pandemic. This performance was attributed to a growing lineup of movies and increased guest attendance, along with record food and beverage revenue per patron.

  • Total revenues for Q4 2024 increased by 18.3% to $1,306.4 million compared to Q4 2023.
  • Adjusted EBITDA for Q4 2024 significantly rose to $164.8 million from $47.9 million in Q4 2023.
  • Net loss improved to $(135.6) million in Q4 2024 from $(182.0) million in Q4 2023.
  • Free cash flow turned positive at $113.9 million in Q4 2024, compared to $(149.9) million in Q4 2023.

Headline financials

Total Revenue

$1.31B

Previous: $1.1B+18.3%
EPS (adj)

-$0.18

Previous: -$0.54+66.7%
Adjusted EBITDA

$165M

No prior period
Avg Ticket Price

$11.56

No prior period
Attendance

62.4M

No prior period
Contribution Margin/Patron

$14.05

No prior period
Capital Expenditures

-$89.7M

Previous: -$72.1M-24.4%
Net Income

-$136M

Previous: -$182M+25.5%
Operating Income

$4.7M

Previous: -$150M+103.1%
Gross Profit

$151M

Previous: $237M-36.3%

Revenue & EPS history

AMC · Revenue · Quarterly

$1.31B

Q4 2024+18.3%vs Q4 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

AMC · $1.28B total across 2 segments · Q3 2023

  • Admissions
    $798M+46.3%
  • Food & Beverage
    $483M+44.8%

Forward guidance

AMC anticipates material growth in the industry-wide box office in 2025 and beyond, and plans to continue improving the guest experience and expanding premium large format screens as part of its 'Go Plan'. The company has also taken decisive actions to strengthen its balance sheet and reduce debt.

Tailwinds

  • Anticipates material growth in the industry-wide box office in 2025 and beyond.
  • Commitment to continually improving the guest experience in theatres.
  • Robust expansion of premium large format, extra-large format, and special purpose screens.
  • Reduced debt obligations by more than $375 million in 2024.
  • Ended 2024 with over $630 million in available cash.

Headwinds

  • No specific negative forward guidance was provided in the report.
  • The report does not detail potential challenges from increased competition.
  • No explicit mention of potential impacts from economic downturns on future attendance.
  • No specific warnings about potential changes in film release strategies by studios.
  • The report does not outline any potential risks related to labor costs or supply chain disruptions in the future.

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 Q4 2024

Historical avgQ4 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

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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro