Television broadcasting and production company AMC Networks (NASDAQ:AMCX) will be reporting earnings this Wednesday after the bell. Here’s what investors should know.
AMC Networks beat analysts’ revenue expectations by 2.7% last quarter, reporting revenues of $561.7 million, down 6.3% year on year. It was a strong quarter for the company, with a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ adjusted operating income estimates.
Is AMC Networks a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting AMC Networks’s revenue to decline 2.4% year on year to $585.2 million, improving from the 11.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.66 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. AMC Networks has missed Wall Street’s revenue estimates three times over the last two years.
Looking at AMC Networks’s peers in the consumer discretionary segment, some have already reported their Q4 results, giving us a hint as to what we can expect. FOX delivered year-on-year revenue growth of 2%, beating analysts’ expectations by 1.8%, and MasterCraft reported revenues up 13.2%, topping estimates by 4.1%. FOX traded down 6.2% following the results while MasterCraft was up 8.6%.
Read our full analysis of FOX’s results here and MasterCraft’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.5% on average over the last month. AMC Networks is down 12.4% during the same time and is heading into earnings with an average analyst price target of $7 (compared to the current share price of $7.42).
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