AMC Networks Inc. Reports Second Quarter 2015 Results
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August 7, 2015 11:37 AM EDT
Pacific Crest maintained an Overweight rating on AMC Networks (NASDAQ: AMCX) but lowered its price target to $83.00 (from $88.00). Analyst Andy Hargreaves continues to view the stock as a "buy" and noted demand for its originals remains high.
"We continue to believe AMC's focus on... More
August 6, 2015 1:24 PM EDT
By Lehar Maan
(Reuters) - AMC Networks Inc's (NASDAQ: AMCX) shares fell as much as 14 percent despite the company's strong results, continuing a slide triggered by Walt Disney Co's (NYSE: DIS) forecast that suggested that more customers were deserting paid TV than expected.
Walt Disney Co alarmed investors with a dour outlook for its cable business on Wednesday, overshadowing Time Warner Inc's (NYSE: TWX) strong quarterly results and... More
August 6, 2015 1:01 PM EDT
Stifel analyst Benjamin Mogil reiterated his Buy rating and $89 on AMC Networks (NASDAQ: AMCX) following Q2 results this morning. Shares are down nearly 10% following the print.
"We remain Buy rated with an unchanged target price following AMC's 2Q15 earnings," Mogil said. "While... More
August 6, 2015 8:10 AM EDT
AMC Networks (NASDAQ: AMCX) reported Q2 EPS of $1.23, $0.33 better than the analyst estimate of $0.90. Revenue for the quarter came in at $601 million versus the consensus estimate of $592.97 million.
"AMC Networks had a strong second quarter, with double digit growth in revenues, AOCF... More
