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AMC Networks (AMCX) Lags Q1 Earnings and Revenue Estimates
AMCXAMC Networks(AMCX) ZACKS·2025-05-09 13:30

Core Viewpoint - AMC Networks reported quarterly earnings of 0.52pershare,missingtheZacksConsensusEstimateof0.52 per share, missing the Zacks Consensus Estimate of 0.73 per share, and down from 1.16pershareayearago,indicatingasignificantearningssurpriseof28.771.16 per share a year ago, indicating a significant earnings surprise of -28.77% [1][2] Financial Performance - The company posted revenues of 555.23 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.11%, and down from 596.46millionyearoveryear[2]Overthelastfourquarters,AMCNetworkshassurpassedconsensusEPSestimatesonlyonceandtoppedconsensusrevenueestimatestwotimes[2]StockPerformanceAMCNetworksshareshavedeclinedapproximately37.5596.46 million year-over-year [2] - Over the last four quarters, AMC Networks has surpassed consensus EPS estimates only once and topped consensus revenue estimates two times [2] Stock Performance - AMC Networks shares have declined approximately 37.5% since the beginning of the year, contrasting with the S&P 500's decline of -3.7% [3] - The current Zacks Rank for AMC Networks is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.67 on revenues of 589.02million,andforthecurrentfiscalyear,itis589.02 million, and for the current fiscal year, it is 2.31 on revenues of $2.31 billion [7] - The trend for estimate revisions ahead of the earnings release was unfavorable, which may impact future stock movements [6] Industry Context - The Broadcast Radio and Television industry, to which AMC Networks belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a relatively strong industry performance [8]