Home Markets Earnings Estimate Forecast on AMC Networks Inc.(AMCX)

Earnings Estimate Forecast on AMC Networks Inc.(AMCX)

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AMC Networks Inc.(AMCX): For the most recent quarter end, AMC Networks Inc. reported Annual Earnings of $1.01. Based on the filings, last years Annual Earnings was, $5.39. For the most recent quarter end, AMCX reported a surprise Earnings per Share of -2.88% . The consensus estimate for current quarter is $1.28 and for the current fiscal year, the estimate is $5.66. For the Next fiscal year, the estimate is $5.96 based on the consensus.

AMC Networks Inc Last issued its quarterly earnings results on Nov 3, 2016. The company reported $1.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.11. Analyst had a consensus of $1.00. The company had revenue of $634.60 million for the quarter, compared to analysts expectations of $657.20 million. The companys revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 EPS.

Company has reported several Insider transactions to the SEC, on May 26, 2015, James Gallagher (EVP and General Counsel) sold 1,000 shares at 77.49 per share price.On May 7, 2015, Edward A Carroll (Chief Operating Officer) sold 8,250 shares at 79.21 per share price.On Mar 19, 2015, John P Giraldo (Chief Accounting Officer) sold 3,976 shares at 72.18 per share price.

AMC Networks Inc. (NASDAQ:AMCX) witnessed a decline in the market cap on Wednesday as its shares dropped 0.33% or 0.19 points. After the session commenced at $57.93, the stock reached the higher end at $57.95 while it hit a low of $56.96. With the volume soaring to 659,809 shares, the last trade was called at $57.5. The company has a 52-week high of $71.31. The company has a market cap of $4,050 million and there are 70,426,867 shares in outstanding. The 52-week low of the share price is $46.165.

AMC Networks Inc. is engaged in producing programming and movie content. It owns and operates various cable televisions. Its programming networks include AMC, IFC, Sundance Channel, WE tv, and IFC films. The AMC is a television network which focuses on the original programming and movie-based entertainment. IFC creates long and short-form content inspired by music, web, gaming, animation, news, and culture. The Sundance Channel is the television destination for independent-minded viewers. The WE tv is the womens network specially devoted to the relationships during lifes defining moments. The IFC films consist of multiple brands that bring specialty films to the largest possible audience. AMC Networks Inc. is headquartered in New York, New York.

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