AMC Networks (AMCX) Lags Q3 Earnings Estimates

AMC Networks (AMCX) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -41.94%. A quarter ago, it was expected that this owner of cable channels including AMC and IFC would post earnings of $0.54 per share when it actually produced earnings of $0.69, delivering a surprise of +27.78%.Over ...