Submitted by mat3og t3_11doqlh in wallstreetbets
CaliforniaBlueJay420 t1_jaaqyu1 wrote
December is usually the busiest month for movie theaters, as it coincides with the holiday season and the release of many highly anticipated films, such as Avatar - there's a reason they released it at that time. In particular, the period between Thanksgiving and Christmas tends to be a peak time for moviegoing, as families and friends look for ways to spend time together and escape the cold weather.
AMC, one of the largest movie theater chains in the United States, has typically seen increased foot traffic during the holiday season. The company has reported that December is typically one of its busiest months of the year, with many customers coming to see new releases, as well as classic holiday films that are often re-released in theaters.
Expecting strong earnings report tomorrow.
mat3og OP t1_jaat9mj wrote
Thank you ChatGPT
CaliforniaBlueJay420 t1_jab2g5y wrote
Typically, the fourth quarter (Q4) is a strong earnings report for movie theatre chains like AMC for several reasons:
- Holiday Season: The fourth quarter includes the holiday season, which is traditionally a busy time for movie theatres. During this time, people often have more free time and are looking for entertainment options, including going to the movies.
- Movie Releases: Many studios release their most highly anticipated films during the fourth quarter, hoping to capitalize on the holiday season and the awards season. These films often draw large crowds to movie theatres, which can translate into increased revenue for theatre chains.
- Oscar Season: The fourth quarter also includes the start of the awards season, which can lead to increased attendance at movie theatres as people try to catch up on the latest Oscar contenders.
- Increased Spending: During the holiday season, people often have more disposable income and are more willing to spend money on entertainment options like going to the movies.
Overall, these factors contribute to a strong Q4 earnings report for movie theatre chains like AMC.
[deleted] t1_jab1ans wrote
[deleted]
iWriteYourMusic t1_jab5f2a wrote
Tell me you don’t understand revenues without saying you don’t understand revenues. Do you know how guidance works? Projected earnings? All this shit is factored into what investors expect. AMC has to beat the expected projections to please shareholders.
nohiddenmeaning t1_jabwywd wrote
Wait, I thought we were the shareholders. Are not pleased? Are you not entertained?
iWriteYourMusic t1_jade4w1 wrote
I hope you're not a shareholder but if you are, I can't imagine you'd be pleased so far
landmanpgh t1_jabag69 wrote
You know the market understands this very basic concept, right?
December being a better month for movie theaters is like the definition of something that's priced in.
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