AMC Networks Inc expected to post earnings of 89 cents a share - Earnings Preview

AMC Global Media

07/02/2024 14:45

* AMC Networks Inc  AMCX.OQ   AMCX.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 9 for
the period ending December 31 2023
    * The New York City-based  company is expected to report a
29.9% decrease in revenue to $676.009 million from $964.52
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for AMC Networks Inc is for
earnings of 89 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 $13.00​, below​ its last closing price of $17.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.28        1.28       1.85      Beat    45
 Jun. 30 2023  1.62        1.60       2.02      Beat    26
 Mar. 31 2023  1.84        1.87       2.62      Beat    40.4​
 Dec. 31 2022  1.08        1.20       2.52      Beat    109.9
 ​​Sep.        1.77        1.77       2.09      Beat    17.8
 30 2022                                                
 Jun. 30 2022  2.33        2.31       2.06      Missed  -10.7​
 Mar. 31 2022  2.63        2.63       2.54      Missed  -3.5
 Dec. 31 2021  0.25        0.23       0.54      Beat    133.7
 This summary was machine generated February 7 at 14:44 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)