AMC Networks (AMCX) Tops Q3 Earnings and Revenue Estimates
AMC NetworksAMC Networks(US:AMCX) ZACKS·2024-11-08 15:46

分组1 - AMC Networks reported quarterly earnings of $0.91 per share, exceeding the Zacks Consensus Estimate of $0.86 per share, but down from $1.85 per share a year ago, representing an earnings surprise of 5.81% [1] - The company posted revenues of $599.61 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.29%, but down from $636.95 million year-over-year [2] - AMC Networks has surpassed consensus EPS estimates two times and revenue estimates three times over the last four quarters [2] 分组2 - The stock has underperformed significantly, losing about 55.6% since the beginning of the year compared to the S&P 500's gain of 25.2% [3] - The current consensus EPS estimate for the coming quarter is $1.28 on revenues of $617.49 million, and for the current fiscal year, it is $4.50 on revenues of $2.44 billion [7] - The Zacks Industry Rank for Broadcast Radio and Television is in the bottom 37% of over 250 Zacks industries, indicating potential challenges for the sector [8]