AMC Networks (NASDAQ:AMCX – Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of $1.78 per share for the quarter. AMC Networks has set its FY 2024 guidance at EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.
AMC Networks (NASDAQ:AMCX – Get Free Report) last released its earnings results on Friday, February 9th. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. The business had revenue of $678.80 million during the quarter, compared to the consensus estimate of $675.97 million. AMC Networks had a net margin of 7.95% and a return on equity of 30.42%. The company’s revenue for the quarter was down 29.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.52 EPS. On average, analysts expect AMC Networks to post $7 EPS for the current fiscal year and $5 EPS for the next fiscal year.
AMC Networks Stock Up 4.1 %
Shares of NASDAQ AMCX opened at $13.28 on Thursday. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 2.14. The firm has a market cap of $578.48 million, a PE ratio of 2.71 and a beta of 1.22. The company’s fifty day simple moving average is $11.79 and its 200 day simple moving average is $14.62. AMC Networks has a 12-month low of $9.87 and a 12-month high of $20.97.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on AMCX
AMC Networks Company Profile
AMC Networks Inc, an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments.
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