AMC Offsets Lower Q3 Attendance With Higher Ticket Prices, Concessions: Analyst Sees 'Strategic Pricing' Success
AMC Offsets Lower Q3 Attendance With Higher Ticket Prices, Concessions: Analyst Sees 'Strategic Pricing' Success
AMC Entertainment Holdings (NYSE:AMC) offset lower attendance with higher ticket prices and food and beverage revenue to help beat third-quarter revenue and earnings per share estimates, which could help the company's recovery an analyst says.
amc院線控股(紐交所:AMC)通過提高票價和食品飲料收入抵消了較低的觀影人次,有助於超出第三季度營業收入和每股收益預期,從而有助於公司的復甦,一位分析師表示。
The AMC Analyst: Benchmark analyst Mike Hickey maintained a Hold rating on AMC with no price target.
AMC分析師:Benchmark分析師邁克·希克(Mike Hickey)維持對AMC的持有評級,沒有價格目標。
Read Also: AMC Q3 Earnings Preview: Can 'Deadpool & Wolverine' Box Office Strength Lift Stock?
閱讀更多:AMC第三季度盈利預覽:《死侍&金剛狼》的票房實力能提振股價嗎?
The Analyst Takeaways: AMC showed strategic steps towards growth and a recovery, Hickey said in a new investor note.
分析師要點:希克在一份新的投資者報告中表示,AMC展示了實現增長和復甦的戰略步驟。
The analyst said AMC "exceeded expectations" in the third quarter, including for revenue and adjusted EBITDA.
分析師表示,AMC在第三季度"超出了預期",包括營業收入和調整後的EBITDA。
Attendance was down 11.5% year-over-year in the third quarter, but was offset by higher average revenue per moviegoer.
第三季度觀影人數同比下降11.5%,但每位電影觀衆的平均收入提高抵消了這一減少。
"Despite this decline, the average ticket price rose by 5.44%, and food and beverage revenue per patron increased by 14.79%," Hickey said.
"儘管出現了下降,但平均票價上漲5.44%,每位觀衆的食品飲料收入增加了14.79%,"希克表示。
In the U.S., attendance was down 8.9% year-over-year but offset by higher average ticket prices and a 14.3% increase in food and beverage revenue per patron, Hickey added.
在美國,第三季度觀影人數同比下降了8.9%,但平均票價上升和每位觀衆的食品飲料收入增長了14.3%,希克補充道。
The U.S. segment saw a record for food and beverage revenue per moviegoer in the third quarter.
美國板塊在第三季度每位電影觀衆的食品和飲料營業收入創下新紀錄。
"These increases reflect AMC's strategic pricing adjustments and enhanced in-theater offerings to maximize per-patron revenue."
「這些增長反映了AMC的戰略定價調整和增強的影院服務,以最大化每位觀衆的營收。」
Food and beverage revenue per person was up 11.9% in the international segment, also helping to offset attendance weakness.
國際板塊每位觀衆的食品和飲料營業收入增長了11.9%,也有助於彌補觀影人數下降的情況。
The analyst highlighted AMC's commentary on being interested in adding more sports content like NCAA Football and NFL games, pending securing rights and exclusivity.
分析師強調AMC有興趣增加像NCAA橄欖球和NFL比賽等更多體育內容的評論,前提是能夠確保權益和獨家性。
What's Next: Hickey said movie studios are increasing film output, which should help support a "healthier release schedule in 2025 and 2026" for AMC and the movie theater sector.
接下來怎麼辦:Hickey表示電影公司正在增加電影製作的數量,這應該有助於支持AMC和影視股在2025年和2026年獲得「更健康的發行時間表」
AMC CEO Adam Aron has been highlighting the strong movie lineup for 2025 and 2026 for many months and shared his optimism for the next two years and the closing quarter of 2024 on Wednesday.
AMC首席執行官亞當·阿倫(Adam Aron)已經多個月以來一直強調2025年和2026年的強大電影陣容,並在週三分享了他對未來兩年和2024年最後一個季度的樂觀態度。
"We believe of much greater importance is our bullishness about the impressive movie slate that is coming to our theaters in November and December of 2024, and continuing in 2025 and again in 2026," Aron said.
「我們認爲更爲重要的是,我們對即將在2024年11月和12月以及2025年和再次在2026年進入我們影院的出色電影計劃感到樂觀,」 Aron說。
On Thursday, AMC announced the upcoming release of its Cinnamon Butter Microwave Popcorn, which will be available soon in Kroger and Publix stores in the U.S. and online.
週四,AMC宣佈即將推出其肉桂黃油微波爆米花,將很快在美國的Kroger和Publix店鋪以及在線上開售。
AMC Price Action: AMC stock is down 4.7% to $4.36 on Thursday, versus a 52-week trading range of $2.38 to $11.88. AMC stock is down 28% year-to-date in 2024.
amc院線股價走勢:週四amc股票下跌4.7%,報$4.36,相比52周交易區間的$2.38至$11.88。amc股票在2024年的年初至今下跌28%。
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譯文內容由第三人軟體翻譯。