|Bid||43.00 x 1800|
|Ask||59.10 x 21500|
|Day's Range||58.33 - 59.85|
|52 Week Range||48.00 - 69.02|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||7.34|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||61.40|
NEW YORK, Nov. 12, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
AMC Networks Inc. named Sarah Barnett its new president of entertainment networks. Previously the head of AMC Networks' BBC America division, Barnett was responsible for bringing to life hit shows such as "Killing Eve" (which garnered actress Sandra Oh an Emmy nomination) and "Orphan Black" (which did win an Emmy award for actress for Tatiana Maslany). Barnett's promotion comes several weeks after the departure of former AMC President and General Manager Charlie Collier, who left to become chief executive officer of entertainment at Fox.
The cable content giant's results would have been rather flat if not for the Levity buyout. Another acquisition will start adding to the top line in the next quarter.
AMC Networks (AMCX) delivered earnings and revenue surprises of 20.79% and -0.07%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Shares of AMC Networks Inc. rose 2% in premarket trade after the company reported third-quarter earnings that beat expectations. Profit for the latest quarter rose to $111.2 million, or $1.93 a share, up from $87 million, or $1.35 a share in the year-early quarter. Adjusted EPS was $2.15 a share, above the FactSet consensus of $1.78 a share. Revenue was $697 million, beating the FactSet consensus of $695 million, and up 7.5% from $648 million a year ago. Revenue from the national networks segment, which includes AMC's five nationally distributed programs and AMC Studios, increased 3.5% to $560 million, compared to $541 million in the year-earlier quarter. The international segment, which includes the company's international programming, independent film distribution and production services and comedy venues businesses, increased 34.6% to $151.7 million, up from $112.8 million one year ago. AMC said it completed on Wednesday the acquisition of another 32% of RLJ Entertainment from common shareholders, in addition to the 51% the company had acquired October 1. The company also said it was on track to meet full-year guidance on revenue and adjusted operating income growth. Shares of AMC have gained 8.3% so far this year, while the S&P 500 has gained 1.4%.
The New York-based company said it had profit of $1.93 per share. Earnings, adjusted for amortization costs and asset impairment costs, came to $2.15 per share. The results exceeded Wall Street expectations. ...
Third Quarter Financial Highlights: Net revenues increased 7.5% to $697 millionOperating income increased 7.3% to $165 millionAdjusted Operating Income1 increased 5.4% to $211.
RLJ Entertainment’s Ad-Free Subscription Video Services Acorn TV and UMC (Urban Movie Channel) Continue Strong GrowthAcorn TV and UMC Combined Exceeded 900K Paying Subscribers.
SILVER SPRING, Md. , Oct. 31, 2018 /PRNewswire/ -- RLJ Entertainment, Inc. (NASDAQ: RLJE) announced that it has completed its previously announced merger with a subsidiary of AMC Networks Inc. (NASDAQ: ...
LOS ANGELES (AP) — Forty years after he first appeared in theaters, Michael Myers is still drawing huge audiences for a good scare.
As entertainment CEO, Mr. Collier will have oversight of the Fox Broadcasting unit of new Fox and lead its programming strategy. At AMC Networks Inc., Mr. Collier was president of the AMC cable channel, its production studio and the Sundance TV channel.
WILMINGTON, Del., Oct. 16, 2018 -- Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of RLJ Entertainment,.
NEW YORK, Oct. 15, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
NEW YORK, Oct. 12, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
NEW YORK, Oct. 10, 2018 -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the third quarter 2018 on Thursday, November 1, 2018 at 8:30 a.m..
MoviePass had Cassandras foretelling its doom for months, but the struggling concept could still revolutionize a stagnant industry in a big way.