AMC Entertainment Holdings (NYSE:AMC) Full Year 2023 Results

Key Financial Results

• Revenue: US$4.81b (up 23% from FY 2022).
• Net loss: US$396.6m (loss narrowed by 59% from FY 2022).
• US$2.37 loss per share (improved from US$7.43 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

AMC Entertainment Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Entertainment industry in the US.

Performance of the American Entertainment industry.

The company's shares are down 2.3% from a week ago.

Risk Analysis

Be aware that AMC Entertainment Holdings is showing 3 warning signs in our investment analysis and 2 of those are significant...

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.