AMC Networks Full Year 2024 Earnings: EPS Misses Expectations

AMC Networks (NASDAQ:AMCX) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.42b (down 11% from FY 2023).
• Net loss: US$226.5m (down by 205% from US$215.5m profit in FY 2023).
• US$5.10 loss per share (down from US$4.92 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

AMC Networks EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Media industry in the US.

Performance of the American Media industry.

The company's shares are down 10% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for AMC Networks that you should be aware of.

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