AMC Entertainment Holdings Inc. reported its fourth-quarter earnings, revealing an adjusted EPS of $0.54, surpassing Wall Street's expectation of a $0.70 loss and improving from a previous EPS of -$0.65. The company also reported a GAAP revenue of $1.10 billion, exceeding the estimated $1.05 billion and marking a significant increase from the previous year's $900.9 million, up 6% YoY. This financial performance was largely attributed to the success of Taylor Swift and Beyoncé's concert films, which were cited as the primary drivers of AMC's revenue growth and a 4.7% increase in attendance. Despite the positive earnings report and revenue beat, AMC's stock experienced a decline, continuing its downward trend with a stock decrease of 91% over the last year. The company's performance comes amid a challenging environment, with an implied volatility of ~14% heading into the earnings announcement.