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Investing.com - AMC Networks reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AMC Networks announced earnings per share of $2.09 on revenue of $682M. Analysts polled by Investing.com EPS of $1.80 on revenue of $786.59M.
AMC Networks 's are down 39% and is trading at $20.84 , still down 59.54% from its 52 week high of $51.51 set on Friday, November 5, 2021.
AMC Networks follows other major Communication Services sector earnings this month
AMC Networks's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
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