AMC Networks (AMCX) Misses Q2 Earnings Estimates

AMC Networks (AMCX) came out with quarterly earnings of $1.24 per share, missing the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $2.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.14%. A quarter ago, it was expected that this owner of cable channels including AMC and IFC would post earnings of $1.79 per share when it actually produced earnings of $1.16, delivering a surprise of -35.20%.Over ...