AMC Networks Inc expected to post earnings of $1.60 a share - Earnings Preview

AMC Global Media

02/08/2023 19:33

* AMC Networks Inc  AMCX.OQ   AMCX.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 4. 
    * The New York City-based  company is expected to report  a
4.3% decrease in revenue to $706.471 million from $738.03
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for AMC Networks Inc is
for
earnings of $1.60 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 4 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for AMC
Networks Inc
is $14​, above​ its last closing price of $12.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.84        1.87       2.62      Beat    40.4
 Dec. 31 2023  1.08        1.20       2.52      Beat    109.9
 Sep. 30 2022  1.77        1.77       2.09      Beat    17.8​
 Jun. 30 2022  2.33        2.31       2.06      Missed  -10.7
 ​​Mar.        2.63        2.63       2.54      Missed  -3.5
 31 2022                                                
 Dec. 31 2021  0.25        0.23       0.54      Beat    133.7​
 Sep. 30 2021  1.21        1.22       2.68      Beat    119.9
 Jun. 30 2021  1.56        1.67       3.45      Beat    106.2
 This summary was machine generated August 2 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated