AMC Entertainment posts quarterly profit, record revenue as box office rebound lifts shares
A stronger 2026 film slate is boosting theater operators after years of disruption from the pandemic and Hollywood strikes. AMC Entertainment reports second-quarter adjusted profit and record revenue that top Wall Street expectations, sending its shares sharply higher in premarket trading on Monday.
Highlights
- AMC Entertainment posts record quarterly revenue of $1.60 billion, surpassing analyst estimates of $1.47 billion for the second quarter.
- Adjusted earnings per share reach 14 cents versus expectations for a 6-cent loss, aided by six films earning over $75 million in domestic opening weekends.
- U.S. attendance rises 12% and international attendance grows 18%, driving a 16.5% jump in AMC shares during premarket trading.
Second-quarter earnings beat expectations
As reported by Reuters, AMC says blockbuster releases including "The Super Mario Galaxy Movie" and "Obsession" help lift ticket sales in the second quarter. The Leawood, Kansas-based theater chain reports its highest-ever revenue of $1.60 billion, above analysts' average estimate of $1.47 billion, according to LSEG data.Adjusted earnings per share come in at 14 cents, compared with expectations for a loss of 6 cents. AMC also says six films generate domestic opening weekend grosses of more than $75 million during the quarter ended June 30.
Box office recovery supports attendance growth
The cinema industry enters 2026 with a broader lineup of theatrical releases, supporting a recovery in moviegoing across the sector. Major studios including Disney and Universal continue to back exclusive theatrical release windows for many major films, a trend theater operators say helps drive attendance.AMC says attendance in its U.S. markets rises 12% during the quarter, while international attendance increases by about 18%. Investors respond positively to the results, with the company's shares jumping 16.5% in premarket trading on Monday.
In our earlier coverage of the second-quarter earnings outlook for semiconductor stocks, we noted that chipmakers were expected to deliver an outsized share of S&P 500 profit growth, even as AI-linked names saw sharp volatility. We also highlighted how investor focus was shifting from headline beats to the sustainability of AI-driven demand, with valuation concerns and speculative trading amplifying market swings.
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