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

AMC Global Media

17/02/2023 14:32

* AMC Networks Inc  AMCX.OQ  reported quarterly adjusted
earnings
of $2.52​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
$1.20 per share.
    * Revenue rose 20% to $964.52 million from a year ago;
analysts
expected $947.78 million. 
    * AMC Networks Inc's reported EPS for the quarter was a loss
of
$6.11​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * AMC Networks Inc shares had risen by 30.8% this quarter.
    * The company reported a quarterly loss of $264.69 million.
    * Wall Street's median 12-month price target for AMC
Networks Inc
is $18.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
17 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.20           2.52           Beat
 Sep. 30 2022      1.77           2.09           Beat
 Jun. 30 2022      2.31           2.06           Missed
 Mar. 31 2022      2.63           2.54           Missed