Investors are always looking for stocks that are poised to beat at earnings season and AMC Networks Inc. (AMCX) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because AMC Networks is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty goo ...

The upcoming report from AMC Networks (AMCX) is expected to reveal quarterly earnings of $1.79 per share, indicating a decline of 31.7% compared to the year-ago period. Analysts forecast revenues of $603.82 million, representing a decrease of 15.8% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a c ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering AMC Networks (AMCX) , which belongs to the Zacks Broadcast Radio and Television industry.This owner of cable channels including AMC and IFC has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 26.86%.For the most recent quarter, AMC Networks was expected t ...

Comcast said chairman and chief executive Brian Roberts‘ pay package for 2023 totaled $35.47 million, up from $32 million the year before. It included a $2.5 million base salary, stock awards valued at about $15 million, $9.2 million in option awards and $8.55 million in what’s called non-equity incentive plan compensation – like a cash bonus. Proxies list the salaries of a company’s top five highest paid executives. They generally come out in the spring ahead of annual shareholder meetings. Mike Cavanagh, ...

GREENWICH, Conn., April 22, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 16th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 6, 2024. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing and Advertising Panels. Attendees will also have the opportunity to meet with management in a one-on-one ...

Core Viewpoint - AMC Networks Inc. has announced the early results of its cash tender offer to purchase its outstanding 4.75% Senior Notes due 2025, with a significant amount tendered by the early tender date [1][2]. Group 1: Tender Offer Details - The total principal amount of the 4.75% Senior Notes outstanding is $774.729 million, with $624.346 million tendered by the early tender date [1]. - The tender offer consideration is set at $970 per $1,000 principal amount of notes, with an early tender premium of $30, leading to a total consideration of $1,000 [1][2]. - The offer will expire on April 22, 2024, unless extended or terminated earlier by the company [3]. Group 2: Redemption and Settlement - A conditional notice of redemption has been issued for any notes remaining outstanding after the completion of the offer, at a price of 100% of their principal amount plus accrued interest [2]. - Payment for notes tendered by the early tender date is expected to occur on April 9, 2024, while payment for notes tendered after this date will occur on the business day following the expiration date [4][5]. - The offer is not conditioned on a minimum amount of notes being tendered but is subject to certain conditions, including the company raising sufficient net proceeds from a concurrent offering of senior secured notes due 2029 [5]. Group 3: Company Overview - AMC Networks Inc. operates various streaming services and cable networks, including AMC+, Acorn TV, and BBC AMERICA, and is known for its original franchises like The Walking Dead Universe [7].

Jeff Kravitz/FilmMagic, Inc via Getty Images Investment Thesis AMC Networks (NASDAQ:AMCX) has been facing secular headwinds as cable cord-cutting continues to pressure top-line growth. However, despite the continuing trend away from cable, AMC Networks continues to show strong free cash flow as they streamline operations and focus on niche quality content for select demographics. I believe the stock is undervalued as earnings and free cash are likely to continue as AMC Networks can leverage spin-off shows f ...

AMC Networks (AMCX) has been on a downward spiral lately with significant selling pressure. After declining 21% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock i ...

Shares of AMC Networks (AMCX -16.08%) were falling today after the company reported a sharp decline in revenue as it continues to struggle with the transition to streaming, and it missed estimates on the bottom line for the fourth quarter.As of 2:18 p.m. ET, the stock was down 15.1%. AMC is still getting left behindRevenue in the fourth quarter ended Dec. 31 fell 29.6% to $678.8 million, which was slightly better than the consensus at $676 million.In its domestic operations, revenue fell by 32.4% to $581.7 ...

AMC Networks Inc. (NASDAQ:AMCX) Q3 2024 Earnings Conference Call February 9, 2024 8:30 AM ET Corporate Participants Nick Seibert - VP, Corporate Development and IR Kristin Dolan - Chief Executive Officer Patrick O'Connell - Chief Financial Officer Kim Kelleher - Chief Commercial Officer Dan McDermott - President Entertainment and AMC Studios Conference Call Participants David Joyce - Seaport Research Partners David Karnofsky - JPMorgan Thomas Yeh - Morgan Stanley Steve Cahall - Wells Fargo Charles Wilber - ...