AMC earnings estimation isnt too tricky. It is easy to see how much US theaters took in revenue this quarter from boxoffice mojo and others that post the admission revs. Then it isnt too tricky to find their expenses the previous couple quarters and hazard a pretty realistic guess at cost of good sold vs other fixed items.
The analyst consensus of $1.18 bil revs is laughably low.
I have it at between 1.34 and 1.4 billion.
Easily will beat the analyst by 200 million in revenue and eps beat by 40 cents.
17 cents positive eps is my q2 prediction.
But these analysts dont have AMC profitable until 2024.
And i have an amc that now delivers from uber eats, because i am ready for the 4th.
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