AMC Networks Beats on Earnings But Misses Revenue Forecast as Domestic Ad Sales Drop
AMC Networks unveiled its fourth-quarter and full-year 2017 financials Thursday morning. There was some good news and some bad, and reasons for both. Wall Street had forecast earnings of $1.49 per share on $730.78 million in revenue, according to a Yahoo Finance-compiled consensus. AMC Networks actually reported earnings of $1.68 per share on $727 million in revenue, besting media analysts’ expectations at the bottom-line but missing up top. The per-share earnings rose year over year due to a large... Читать дальше...
