AMC Networks beats Q4 revenue, adjusted EPS estimates

AMC Global Media

11/02/2026 21:09

Overview

Media company's Q4 revenue beats analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company completed acquisition of remaining 17% of RLJ Entertainment

Outlook

AMC Networks did not provide specific financial guidance for future quarters or year in its press release

Result Drivers

STREAMING GROWTH - Streaming revenue increased 14% in Q4, driven by price increases, becoming the largest revenue component for Domestic Operations

AFFILIATE REVENUE DECLINE - Affiliate revenues fell 13% due to basic subscriber declines

ADVERTISING REVENUE DROP - Advertising revenues decreased 10% due to linear ratings declines and lower marketplace pricing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$594.80 mln
$581.75 mln (6 Analysts)
Q4 Adjusted EPS
Beat
$0.64
$0.57 (7 Analysts)
Q4 EPS
-$1.26
Q4 Adjusted Operating Income
Beat
$103.56 mln
$86.34 mln (6 Analysts)
Q4 EBIT
-$50.86 mln
Q4 Free Cash Flow
$40.45 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the broadcasting peer group is "buy."

Wall Street's median 12-month price target for Amc Networks Inc (Nevada) is $6.00, about 21.9% below its February 10 closing price of $7.68

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 3 three months ago

Press Release: ID:nGNX2ldjWG

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)