AMC Networks (AMCX) Expected to Announce Quarterly Earnings on Friday

AMC Networks (NASDAQ:AMCX - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Friday, May 9th. Analysts expect the company to announce 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 - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $599.30 million for the quarter, compared to the consensus estimate of $611.26 million. AMC Networks had a positive return on equity of 18.61% and a negative net margin of 9.36%. The company's revenue for the quarter was down 11.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 EPS. 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 traded up $0.24 during trading on Wednesday, hitting $6.62. 688,581 shares of the company's stock were exchanged, compared to its average volume of 997,384. AMC Networks has a fifty-two week low of $5.41 and a fifty-two week high of $18.58. The company has a market cap of $291.96 million, a PE ratio of -1.26 and a beta of 1.43. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 2.63. The stock's 50 day moving average price is $6.56 and its two-hundred day moving average price is $8.21.

Insider Buying and Selling

In other news, insider F. Dolan 2009 Revocabl Charles sold 154,345 shares of the company'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 transaction, the insider now directly owns 20,833 shares in the company, valued at approximately $144,789.35. This represents a 88.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 25.87% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMCX. StockNews.com lowered shares of AMC Networks from a "buy" rating to a "hold" rating in a report on Monday, February 17th. Morgan Stanley lowered their price target on shares of AMC Networks from $8.00 to $6.00 and set an "underweight" rating on the stock in a report on Tuesday. Wells Fargo & Company lowered their price target on shares of AMC Networks from $8.00 to $4.00 and set an "underweight" rating on the stock in a research report on Thursday, April 17th. UBS Group cut their price target on shares of AMC Networks from $8.00 to $6.00 and set a "sell" rating for the company in a report on Tuesday, April 15th. Finally, JPMorgan Chase & Co. cut their price target 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 given a strong buy rating to the company's stock. According to MarketBeat, AMC Networks presently has a consensus rating of "Hold" and a consensus target price of $6.00.

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.