AMC Networks (NASDAQ:AMCX) Announces Earnings Results, Misses Estimates By $0.41 EPS

AMC Networks (NASDAQ:AMCX) announced its quarterly earnings results on Friday. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.41), Zacks reports. AMC Networks had a net margin of 1.45% and a return on equity of 17.41%. The company had revenue of $599.30 million during the quarter, compared to analyst estimates of $611.26 million. During the same quarter last year, the company posted $0.72 EPS. The firm’s quarterly revenue was down 11.7% on a year-over-year basis. AMC Networks updated its FY 2025 guidance to EPS.

AMC Networks Stock Performance

Shares of AMC Networks stock opened at $8.79 on Friday. The company has a 50 day moving average of $9.50 and a 200-day moving average of $9.18. AMC Networks has a 1-year low of $7.08 and a 1-year high of $18.58. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 2.03. The company has a market cap of $387.81 million, a PE ratio of 13.95 and a beta of 1.31.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on AMCX shares. StockNews.com upgraded shares of AMC Networks from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Seaport Res Ptn raised shares of AMC Networks from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 22nd. Finally, Morgan Stanley cut their price objective on shares of AMC Networks from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, November 12th.

About AMC Networks

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.