AMC Networks: Q3 Earnings Insights

AMC Networks: Q3 Earnings Insights

AMC Networks AMCX reported its Q3 earnings results on Friday, November 4, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

AMC Networks beat estimated earnings by 18.08%, reporting an EPS of $2.09 versus an estimate of $1.77.

Revenue was down $128.92 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.25 which was followed by a 12.73% drop in the share price the next day.

Here's a look at AMC Networks's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.31 2.65 0.23 1.22
EPS Actual 2.06 2.54 0.54 2.68
Revenue Estimate 774.35M 759.42M 758.95M 706.07M
Revenue Actual 738.02M 712.16M 803.71M 810.77M

To track all earnings releases for AMC Networks visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings