Profile
Sector:
Communication ServicesIndustry:
EntertainmentCountry:
United StatesIPO:
16 June 2011Website:
http://www.amcnetworks.comNext earnings report:
02 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 18:15:50 GMTDividend
Analysts recommendations
Institutional Ownership
AMCX Latest News
AMC Networks (AMCX) has the ideal mix of factors for a potential earnings beat in its upcoming report. Be ready with the important expectations.
AMC Networks (AMCX) has a strong track record of exceeding earnings expectations and is well-positioned to potentially surpass estimates in its upcoming quarterly report.
Comcast announced that the pay package for chairman and CEO Brian Roberts for 2023 amounted to $35.47 million, an increase from $32 million the previous year. This package consisted of a $2.5 million base salary, stock awards worth approximately $15 million, $9.2 million in option awards, and $8 million in other compensation.
AMC Networks is facing challenges from cord-cutting, but continues to generate strong free cash flow and focus on niche quality content. The company leverages spin-off shows from highly praised content to generate revenue and create new hits. Positive momentum in their streaming business could offset declines in cable and contribute to future growth.
AMC Networks (AMCX) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Revenue fell sharply, and AMC Networks came up short on the bottom line in its fourth-quarter earnings report. The company is struggling with the transition to streaming.
The television broadcasting and production company says subscription revenue fell 8% in the fourth quarter.
Shares in AMC Networks dropped sharply in early trading Friday following a shaky fourth-quarter earnings report and a conference call with Wall Street analysts. The stock initially drifted down by mid-single-digits in pre-market trading after the earnings release, which revealed a 23% drop in domestic ad revenue and a 16% decline in affiliate revenue.
Although the revenue and EPS for AMC Networks (AMCX) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
AMC Networks (AMCX) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $2.52 per share a year ago.
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What type of business is AMC Networks?
AMC Networks Inc. is a holding company that conducts all of its operational activities through its subsidiaries. The company is the owner and operator of businesses and assets in the entertainment industry. The National Networks segment includes the Company's broadcasting program activities, including its programming networks in the United States and Canada. The International segment and other activities include the operations of AMC Networks International, which provides international program broadcasting; the activities of IFC Films, an independent film distributor of the Company; the activities of the AMCNI-DMC division, which develops broadcasting solutions for certain AMCNI networks and third-party networks, as well as various initiatives for distributing online content. The company was founded in 1980 and is headquartered in New York, New York.
What sector is AMC Networks in?
AMC Networks is in the Communication Services sector
What industry is AMC Networks in?
AMC Networks is in the Entertainment industry
What country is AMC Networks from?
AMC Networks is headquartered in United States
When did AMC Networks go public?
AMC Networks initial public offering (IPO) was on 16 June 2011
What is AMC Networks website?
https://www.amcnetworks.com
Is AMC Networks in the S&P 500?
No, AMC Networks is not included in the S&P 500 index
Is AMC Networks in the NASDAQ 100?
No, AMC Networks is not included in the NASDAQ 100 index
Is AMC Networks in the Dow Jones?
No, AMC Networks is not included in the Dow Jones index
When does AMC Networks report earnings?
The next expected earnings date for AMC Networks is 02 August 2024