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Market Overview

A Preview Of AMC Networks's Earnings

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AMC Networks (NASDAQ:AMCX) will be releasing its next round of earnings this Friday, May 07. For all of the relevant information, here is your guide for Friday's Q1 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see AMC Networks reporting earnings of $1.87 per share on revenue of $722.32 million. AMC Networks EPS in the same period a year ago totaled $1.47. Sales were $734.38 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent a 27.21% increase in the company's earnings. Sales would be down 1.64% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.52 1.28 1.21 1.87
EPS Actual 2.72 1.32 2.39 1.47
Revenue Estimate 705.01 M 606.04 M 625.94 M 738.87 M
Revenue Actual 780.27 M 654.01 M 646.29 M 734.38 M

eps graph

Stock Performance

For a full 12 months, the return has risen by 75.3%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. AMC Networks is scheduled to hold the call at 08:30:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings