AMC Networks Inc reports results for the quarter ended December 31 - Earnings Summary

AMC Global Media

14/02/2025 14:32

* AMC Networks Inc  AMCX.OQ  reported quarterly adjusted
earnings
of 64 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 72 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 96 cents per share. Wall Street
expected results to range from 42 cents to $1.50 per share.
    * Revenue fell 11.7% to $599.31 million from a year ago;
analysts
expected $609.44 million. 
    * AMC Networks Inc's reported EPS for the quarter was a loss
of
$6.38​.
    * The company reported a quarterly loss of $284.5 million.
    * AMC Networks Inc shares had fallen by 0.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the broadcasting
peer
group is also "hold"

Wall Street's median 12-month price target for AMC Networks Inc
is $9.00 
This summary was machine generated from LSEG data February 14 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.96           0.64           Missed
 Sep. 30 2024      0.62           0.91           Beat
 Jun. 30 2024      1.52           1.24           Missed
 Mar. 31 2024      1.67           1.16           Missed