AMC Networks (NASDAQ:AMCX) Releases Earnings Results, Misses Expectations By $0.41 EPS

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

AMC Networks Price Performance

NASDAQ:AMCX opened at $8.79 on Friday. AMC Networks has a 52 week low of $7.08 and a 52 week high of $18.58. The firm has a market cap of $387.81 million, a price-to-earnings ratio of 13.95 and a beta of 1.31. The firm’s 50-day simple moving average is $9.50 and its 200 day simple moving average is $9.17. The company has a debt-to-equity ratio of 2.03, a quick ratio of 2.32 and a current ratio of 2.32.

Analysts Set New Price Targets

AMCX has been the subject of a number of research reports. 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 upgraded shares of AMC Networks from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 22nd. Finally, Morgan Stanley lowered their price target on shares of AMC Networks from $10.00 to $9.00 and set an “underweight” rating on the stock in a research 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.