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Amc Earnings date 2022 ?
Amc Earnings Report
In early February of 2022, American Media Inc. (AMC) is scheduled to release its earnings report for the fiscal year ended December 31, 2021. At that time, analysts are expecting the company to report revenue of $24.4 billion and earnings per share (EPS) of $4.20. This would represent an increase of 11% over 2018 revenue and EPS of $3.88, which was AMC’s previous best performance in both categories.
Given AMC’s strong performance over the past few years, it is likely that analysts’ expectations for 2022 will be even higher than those set for 2021. This means that shareholders should brace themselves for increased stock prices when the company releases its results on February 7th.
When is amc earnings 2022?
AMC Entertainment Holdings Inc. reported second-quarter revenue marginally ahead of Wall Street estimates on Thursday, as big-ticket films such as “Top Gun: Maverick” drew crowds to movie halls. This surge in box-office collections at the world’s largest theater chain drove a rise in AMC’s operating income for the quarter.
AMC announced a special dividend in the form of preferred stock, to be paid on August 19. The company will issue one preferred equity unit for each of the 516.8 million class A common stock.
In the quarter, some of the highest-grossing releases in recent memory helped movie theaters continue their recovery from COVID-related closures that halted movie screenings until at least the middle of last year. These include “Doctor Strange in the Multiverse of Madness” and “Jurassic World Dominion.”
Revenue in the quarter ended June 30 rose to $1.17 billion from $444.7 million a year earlier, exceeding analyst expectations of $1.16 billion, according to Refinitiv data.
How Much Does AMC Make In A Year?
AMC Entertainment Holdings, Inc. (Nasdaq: AMC) is a leading theatrical exhibition and movie distribution company with operations in the United States and internationally. The company operates 2,000 movie theaters with 1,100 screens in 49 states and in 22 other countries.
In addition to its theatrical exhibition business, AMC distributes its content through on-demand platforms such as Amazon Instant Video, iTunes, Xbox Live Arcade, Sony PlayStation Network, and Samsung Smart TV. In FY2015, the company generated $2.2 billion in revenue from film exhibition; $1.4 billion from movie sales; $1 billion from television programming rights; $782 million from digital content licensing; and $412 million from other operating income (including interest income).
Conclusion:
As you can see from our analysis, there are a lot of reasons to believe that AMC stock will continue its upward trajectory in the coming years. If you’re looking for an investment with strong growth potential, then AMC stock may be worth considering.
