AMC Entertainment Holdings Inc (NYSE:AMC) shares were falling hard after the bell due to the company’s underwhelming outlook.

For its fiscal year 2017 results, the cinema operator expects to post a loss in the range of $1.35 to $1.20 per share, which is wider than the consensus estimate of a loss of $1.12 per share.

AMC also projects revenue in the range of $5 billion to $5.2 billion, compared to the Wall Street projection of $5.16 billion. However, the company did manage to top expectations during its third quarter.

For the period, the company unveiled earnings of a loss of 33 cents per share, better than the outlook of a 36-cent loss. A year ago, AMC earned 31 cents per share.

Revenue came in at $1.18 billion for the company’s period, beating the Wall Street guidance of $1.16 billion. The figure marked a 51% improvement compared to the year-ago revenue.

About $333 million of this revenue came from AMC’s international theaters, compared to only $1.5 million in the year-ago quarter thanks to its acquisition of Odeon Cinemas Group and Nordic Cinema Group Holding AB.

The company’s admissions revenue was better by 51.7%, coming in at $753.5 million, ahead of the $496.8 million posted in the year-ago quarter. Food and beverage revenues grew by 45.2% to $361.4 million, compared to the the $248.9 million for the year-ago quarter.

“We have been predicting weakness in the third quarter industry box office, due to the quantity and subject matter of the films that were scheduled to be released. Not surprisingly, our foreshadow was accurate,” Adam Aron, CEO and president of AMC Entertainment, said.

AMC stock was sinking 7.8% after hours.