AMC Networks Inc expected to post earnings of 62 cents a share - Earnings Preview

AMC Global Media

06/11/2024 14:08

* AMC Networks Inc  AMCX.OQ   AMCX.O  is expected to show a
fall
in quarterly revenue when it reports  results on November 8 for
the period ending September 30 2024
    * The New York City-based  company is expected to report a
7.7% decrease in revenue to $587.602 million from $636.95
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for AMC Networks Inc is for
earnings of 62 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $10.00​, above​ its last closing price of $8.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.58        1.52       1.24      Missed  -18.3
 Mar. 31 0001  1.73        1.67       1.16      Missed  -30.4
 Jan. 1 0001   0.96        0.89       0.72      Missed  -19.4​
 Sep. 30 2023  1.28        1.28       1.85      Beat    45
 ​​Jun.        1.62        1.60       2.02      Beat    26
 30 2023                                                
 Jan. 1 0001   1.84        1.87       2.62      Beat    40.4​
 Jan. 1 0001   1.08        1.20       2.52      Beat    109.9
 Sep. 30 2022  1.77        1.77       2.09      Beat    17.8
 This summary was machine generated November 6 at 14:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)