AMC Networks Tops Q1 Earnings Mark as Higher Advertising Rates Battle Lower Ratings
AMC Networks released better-than-expected first-quarter 2019 financial results early Wednesday morning. That’s not to say everything was amazing, but it was good enough.
Wall Street had forecast the company’s Q1 earnings per share (EPS) at $2.29 on $773.3 million in revenue, per a Yahoo Finance consensus estimate. AMC Networks actually reported adjusted EPS of $2.64 on $784.2 million in revenue.