AMC Networks (AMCX) Lags Q1 Earnings and Revenue Estimates

AMC Networks (AMCX) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of$ 0.73 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.77%. A quarter ago, it was expected that this owner of cable channels including AMC and IFC would post earnings of$ 0.79 per share when it actually produced earnings of $0.64, delivering a surprise of -18.99%.Over ...