AMC Networks Inc. (NASDAQ:AMCX) will be posting its quarterly earnings results before the market opens on Thursday, November 2nd. Analysts expect AMC Networks to post earnings of $1.18 per share for the quarter.

AMC Networks (NASDAQ:AMCX) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.47. AMC Networks had a net margin of 11.40% and a return on equity of 683.16%. The business had revenue of $710.55 million for the quarter, compared to the consensus estimate of $715.23 million. During the same quarter in the previous year, the firm earned $1.15 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, analysts expect AMC Networks to post $6.64 EPS for the current fiscal year and $6.91 EPS for the next fiscal year.

AMC Networks Inc. (NASDAQ AMCX) opened at 52.22 on Thursday. The firm’s 50-day moving average is $57.31 and its 200 day moving average is $57.49. AMC Networks Inc. has a one year low of $46.17 and a one year high of $67.61. The stock has a market cap of $3.32 billion, a P/E ratio of 11.41 and a beta of 1.06.

A number of brokerages have recently commented on AMCX. TheStreet raised shares of AMC Networks from a “c” rating to a “b-” rating in a research note on Friday, July 28th. BidaskClub raised shares of AMC Networks from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 31st. Jefferies Group LLC reaffirmed a “hold” rating and set a $65.00 price objective (up previously from $60.00) on shares of AMC Networks in a research note on Friday, August 4th. Cowen and Company reaffirmed a “hold” rating and set a $53.00 price objective on shares of AMC Networks in a research note on Thursday, September 21st. Finally, Wells Fargo & Company began coverage on shares of AMC Networks in a research note on Tuesday, October 10th. They set an “outperform” rating and a $72.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $59.33.

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About AMC Networks

AMC Networks Inc is a holding company, which conducts all of its operations through its subsidiaries. The Company owns and operates entertainment businesses and assets. It operates through two segments: National Networks, and International and Other. National Networks includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada.

Earnings History for AMC Networks (NASDAQ:AMCX)

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