AMC Networks Inc. Reports Full Year and Fourth Quarter 2016 Results
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AMC Networks (AMCX) PT Raised to $70 at Guggenheim Following 4Q Revenue Beat, Positive Content Strategy
February 24, 2017 6:53 AM ESTGuggenheim analyst Michael Morris reiterates Buy rating and raises price target on AMC Networks Inc. (NASDAQ: AMCX) to $70 (from $66), noting the expanded content slate is a clear priority, as the company reported 2016 fourth quarter revenues ahead of estimates, driven by distribution and advertising.
Morris... More
AMC Networks (AMCX) PT Raised to $65 at Instinet; Following 4Q EPS Beat; Positive on Ads, Affiliate Growth and Margins
February 24, 2017 6:24 AM ESTInstinet Equity Research analyst Anthony DiClemente reiterates Buy rating and raises price target on AMC Networks Inc. (NASDAQ: AMCX) to $65 (from $63), noting estimates remain stable given steady margins and modest accelerating affiliate growth, as the company reported 2016 fourth quarter EPS above consensus.
DiClemente... More
AMC Networks (AMCX) Tops Q4 EPS by 3c
February 23, 2017 8:01 AM ESTAMC Networks (NASDAQ: AMCX) reported Q4 EPS of $1.30, $0.03 better than the analyst estimate of $1.27. Revenue for the quarter came in at $730 million versus the consensus estimate of $709.83 million.
President and Chief Executive Officer Josh Sapan said: "2016 was a successful year for our company both financially... More
