AMC Entertainment Holdings (AMC)
NYSE:AMC
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.06Last Year’s EPS
0Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational and financial progress: a substantial YoY adjusted EBITDA improvement ($96M), robust box office recovery (NA box office +22% YoY), attendance growth (+13.6% YoY), record per‑patron metrics, meaningful balance-sheet actions (refinancing, debt-to-equity conversion, ~$101M capital raise) and new revenue initiatives (Arena 1, merchandising and stronger studio window discipline). Headwinds include seasonal Q1 cash usage, remaining sizable debt and interest costs, ongoing CapEx, footprint pruning, and execution risks tied to new products and continued slate performance. Overall, the positives (record profitability, revenue and per-patron gains, liquidity and strategic initiatives) materially outweigh the listed challenges.Company Guidance
Record Adjusted EBITDA
Adjusted EBITDA reached a post-pandemic Q1 record of $38.3M, an improvement of $96M year-over-year, driven by operating leverage as revenues rose.
Strong Box Office Recovery (North America)
North American box office surged ~22% year-over-year in Q1 2026; management expects full-year 2026 box office could be $500M–$1.2B higher than 2025.
Attendance and Revenue Milestones
Global attendance was 47.6M guests in Q1 (up 13.6% YoY). Consolidated Q1 revenue exceeded $1.0B for the first time since 2019.
Per-Patron Profitability Improvements
Consolidated contribution margin per patron rose 6% YoY to $15.19 and is 57% higher than Q1 2019. Domestic total revenue per patron up 53% vs Q1 2019 and domestic contribution margin per patron up 67% vs Q1 2019.
International Revenue and Margin Gains (Ex- and In-CC)
International revenue per patron up 34.5% vs Q1 2019 (31.4% in constant currency); international contribution margin per patron up 38.6% vs Q1 2019 (35.4% in constant currency). Foreign exchange added ~10.8% to international results year-over-year.
Balance Sheet Liquidity Actions
Raised approximately $101M in Q1 via ATM offering plus Hycroft sales (including ~$30M realized in Q1); sold Hycroft holdings for total proceeds of ~$54M (above the $27.9M invested). Ended Q1 with $339M cash (excl. $42M restricted).
Debt Refinancing and Deleveraging Steps
Refinanced $400M of 2027 debt into a $425M first-lien term loan at 10.5% due 2031 (lowered cash interest). Announced conversion of ~$155.8M senior secured exchangeable notes into equity and noted long-term debt reduced to about $3.9B from much higher earlier levels.
Product & Revenue Diversification – Arena 1 Launch
Announced 'Arena 1 at AMC' live interactive concert product launching June across ~300+ U.S. locations and later in ~260 Odeon theaters in Europe; rev-share model with expected ticket price range ~$40–$75 and minimal upfront AMC capex.
Studio Window Recoveries & Netflix Collaboration
Renewed industry momentum on longer theatrical windows (studios committing to ~45-day windows); Netflix committed to a global theatrical release of Greta Gerwig's Narnia with a 49-day window (Feb 2027), expanding studio-theater collaboration.
Labor Peace & Content Slate Visibility
Multiyear labor agreements with SAG-AFTRA and WGA achieved, removing strike risk; management highly optimistic on a strong 2026 slate with multiple expected blockbusters and sustained momentum into H2.
Premium Formats and Loyalty Strength
Premium formats continue to drive outsized revenues (example: ~48% of revenues in a recent opening weekend from PLF despite <10% of screens). Loyalty growth: A-List surpassed 1M members; Stubs loyalty program has ~39M member households.
Merchandising Upside
Merchandising scaled from near-zero to roughly $100M in 2025; management sees potential for ~20% annual growth, with additional upside from Arena 1 and concert merchandising.
AMC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $1.59 | $1.64 | +3.14% |
Feb 24, 2026 | $1.15 | $1.17 | +1.74% |
Nov 05, 2025 | $2.50 | $2.60 | +4.00% |
Aug 11, 2025 | $2.93 | $3.03 | +3.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does AMC Entertainment Holdings (AMC) report earnings?
AMC Entertainment Holdings (AMC) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is AMC Entertainment Holdings (AMC) earnings time?
AMC Entertainment Holdings (AMC) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMC EPS forecast?
AMC EPS forecast for the fiscal quarter 2026 (Q2) is -0.06.
