financetom
Business
financetom
/
Business
/
AMC Networks Shares Rise After Q3 Adjusted Earnings, Revenue Top Estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AMC Networks Shares Rise After Q3 Adjusted Earnings, Revenue Top Estimates
Nov 9, 2024 12:32 AM

01:03 PM EST, 11/08/2024 (MT Newswires) -- AMC Networks ( AMCX ) shares were up 4% in recent trading Friday after the company reported better-than-expected Q3 earnings and revenue.

The company posted adjusted earnings of $0.91 per share, down from $1.85 a year earlier. Analysts polled by Capital IQ expected EPS of $0.64.

Net revenue for the quarter ended Sept. 30 was $599.6 million, down from $637 million a year earlier. Analysts surveyed by Capital IQ expected $587.1 million.

Price: 8.69, Change: +0.34, Percent Change: +4.07

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BlackRock in talks to buy minority stake in Millennium, sources say
BlackRock in talks to buy minority stake in Millennium, sources say
Nov 9, 2024
(Reuters) -BlackRock is in early-stage talks with Millennium Management about a strategic tie-up that could involve acquiring a minority stake in the hedge fund, two sources familiar with the matter said. The sources said it was not clear whether the talks would result in a deal, with one of them adding that the strategic rationale of a transaction was also...
Wildfire near Los Angeles burn dozens of homes
Wildfire near Los Angeles burn dozens of homes
Nov 9, 2024
* Over 10,000 people evacuated due to wildfire near Los Angeles * Firefighters struggle against blaze driven by Santa Ana winds * California wildfires burn over three times more land than last year (Updates acreage in paragraph 4, add details on home losses in 6) By David Swanson and Kanishka Singh SANTA PAULA, California, Nov 7 (Reuters) - Over 10,000...
Democrat Daniel Lurie, heir to Levi Strauss, projected to be next San Francisco mayor
Democrat Daniel Lurie, heir to Levi Strauss, projected to be next San Francisco mayor
Nov 9, 2024
SAN FRANCISCO, Nov 7 (Reuters) - Democratic moderate candidate Daniel Lurie, a philanthropist and heir to the Levi Strauss fortune, was elected mayor of San Francisco, local media projected on Thursday as the incumbent Mayor London Breed conceded. Voters desperate to improve public safety and revive the economy chose a candidate with no experience in City Hall. Wealthy San Francisco,...
Nissan shares slump after unveiling plan to cut jobs, production
Nissan shares slump after unveiling plan to cut jobs, production
Nov 9, 2024
TOKYO (Reuters) - Shares in Nissan Motor ( NSANF ) slumped as much as 10% in Tokyo trading on Friday after the company said the previous day it will cut 9,000 jobs and 20% of its global manufacturing capacity as it faces struggling sales in China and the United States. The decline put the shares on track for their biggest...
Copyright 2023-2026 - www.financetom.com All Rights Reserved