AMC Networks(US:AMCX) Zacks Investment Research·2024-05-07 14:20Core Viewpoint - AMC Networks (AMCX) is expected to report quarterly earnings of $1.79 per share, reflecting a 31.7% decline year over year, with revenues projected at $603.82 million, a decrease of 15.8% compared to the previous year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate for the quarter has been revised downward by 2.7% over the past 30 days, indicating a reassessment by analysts [1] - Analysts predict 'Revenues- Domestic Operations' will reach $527.54 million, representing a year-over-year decline of 13.8% [2] - The estimated 'Revenues- International and Other' is projected at $78.12 million, indicating a significant decrease of 27.7% from the same quarter last year [2] Group 2: Operating Income Estimates - The 'Adjusted Operating Income- Domestic Operations' is expected to be $175.57 million, down from $219.39 million in the previous year [2] - Analysts forecast 'Adjusted Operating Income- International and Other' to be $16.92 million, a decline from $21.14 million reported in the same quarter last year [3] Group 3: Stock Performance - Over the past month, shares of AMC Networks have increased by 11.2%, contrasting with a -0.4% change in the Zacks S&P 500 composite [3] - AMC Networks currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [3]