Market Overview

AMC Networks: Q1 Earnings Insights


Shares of AMC Networks (NASDAQ:AMCX) were unchanged at $23.90 after the company reported Q1 results.

Quarterly Results

Earnings per share fell 44.32% year over year to $1.47, which missed the estimate of $1.87.

Revenue of $734,375,000 less by 6.36% year over year, which missed the estimate of $738,870,000.

Looking Ahead

AMC Networks hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: May 05, 2020

Time: 02:05 PM ET

Webcast URL:

Recent Stock Performance

Company's 52-week high was at $57.65

Company's 52-week low was at $19.62

Price action over last quarter: down 15.55%

Company Description

AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 89 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 85 million households. IFC mainly shows independent films and alternative comedy series. The company acquired its newest channel, BBC America, in October 2014.


Related Articles (AMCX)

View Comments and Join the Discussion!

Posted-In: Earnings News