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AMC Networks AMCX reported its Q2 earnings results on Friday, August 5, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
AMC Networks missed estimated earnings by 10.82%, reporting an EPS of $2.06 versus an estimate of $2.31.
Revenue was down $33.37 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11 which was followed by a 1.52% drop in the share price the next day.
Here’s a look at AMC Networks’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.65 | 0.23 | 1.22 | 1.90 |
| EPS Actual | 2.54 | 0.54 | 2.68 | 3.45 |
| Revenue Estimate | 759.42M | 758.95M | 706.07M | 687.37M |
| Revenue Actual | 712.16M | 803.71M | 810.77M | 771.39M |
To track all earnings releases for AMC Networks visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.