AMC Networks: Q2 Earnings Insights

 

Shares of AMC Networks AMCX were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share were up 44.35% year over year to $3.45, which beat the estimate of $1.90.

Revenue of $771,392,000 higher by 19.36% from the same period last year, which beat the estimate of $687,370,000.

Guidance

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: Aug 06, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/7insypve

Recent Stock Performance

Company's 52-week high was at $83.63

52-week low: $20.16

Price action over last quarter: Up 4.80%

Company Profile

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!