Earnings Call Cheat Sheet: AMC, Garmin report Q4 results

Tuesday

Courtesy of AMC Theatres
Courtesy of AMC Theatres

AMC Entertainment Holdings

Earnings release at 3 p.m., conference call at 4 p.m.

Analyst expectations: AMC Entertainment Holdings Inc., the Leawood, Kan.-based parent company of AMC Theatres, will release its forth-quarter 2014 earnings after the market closes. Analysts expect the company to announce earnings of $0.21 per share and revenue of $712 million for the quarter. In the last quarter, the company reported a sharp drop in profits and an 8.9 percent decline in revenues.

Recent news: Beginning in January, the No.2 U.S. theatre chain launched monthly subscription packages that allow purchasers to see one movie a day in standard format for $35 or any format for $45 in Boston and Denver. The test was designed to pump up the theater’s waning attendance.

Wednesday

Courtesy of Garmin | Twitter
Courtesy of Garmin/Twitter

Garmin Ltd.

Earnings release at 8:30 a.m., conference call at 9:30 a.m.

Analyst expectations: Garmin, which has an operational headquarters in Olathe, Kan., will announce its fourth-quarter 2014 earnings before the market opens.  The consensus earnings per share forecast for the quarter is $0.78, and the revenue forecast is $789.9 million. In the previous quarter, the company’s revenue increased 10 percent to $706 million and reported strong growth in earnings.

Recent news: Last month, Garmin revealed its purchase of iKubu Ltd., a South Africa-based startup that designs computer vision and radar systems for the cycling market. iKubu’s low-energy radar will be incorporated into Garmin’s present range of products. In the Red Bull Air Race Championship’s series that began last Friday in Abu Dhabi, Garmin is serving as the official action camera sponsor.


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