AMC Networks (AMCX) Projected to Post Quarterly Earnings on Friday

AMC Networks (NASDAQ:AMCX) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Friday, May 9th. Analysts expect AMC Networks to post earnings of $0.73 per share and revenue of $567.23 million for the quarter. AMC Networks has set its FY 2025 guidance at EPS.

AMC Networks (NASDAQ:AMCX) last released its quarterly earnings results on Friday, February 14th. The company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.41). AMC Networks had a positive return on equity of 18.61% and a negative net margin of 9.36%. The business had revenue of $599.30 million during the quarter, compared to the consensus estimate of $611.26 million. During the same quarter in the previous year, the business posted $0.72 earnings per share. The firm’s revenue was down 11.7% on a year-over-year basis. On average, analysts expect AMC Networks to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AMC Networks Price Performance

NASDAQ AMCX opened at $6.40 on Wednesday. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 2.63. AMC Networks has a 12 month low of $5.41 and a 12 month high of $18.58. The company’s 50 day moving average is $6.57 and its two-hundred day moving average is $8.22. The stock has a market cap of $282.25 million, a price-to-earnings ratio of -1.22 and a beta of 1.43.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AMCX shares. Morgan Stanley reduced their price objective on shares of AMC Networks from $8.00 to $6.00 and set an “underweight” rating on the stock in a research report on Tuesday. Wells Fargo & Company cut their price objective on AMC Networks from $8.00 to $4.00 and set an “underweight” rating for the company in a research report on Thursday, April 17th. StockNews.com downgraded AMC Networks from a “buy” rating to a “hold” rating in a research note on Monday, February 17th. UBS Group decreased their price target on shares of AMC Networks from $8.00 to $6.00 and set a “sell” rating on the stock in a research note on Tuesday, April 15th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of AMC Networks from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Tuesday, February 18th. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $6.00.

Insider Transactions at AMC Networks

In other AMC Networks news, insider F. Dolan 2009 Revocabl Charles sold 154,345 shares of the business’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $6.95, for a total value of $1,072,697.75. Following the completion of the sale, the insider now directly owns 20,833 shares of the company’s stock, valued at $144,789.35. The trade was a 88.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 25.87% of the company’s stock.

AMC Networks Company Profile

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.