Benzinga | Aug 4, 2020 07:04AM EDT

AMC Networks Q2 Adj. EPS $2.39 May Not Compare To $1.21 Estimate, Sales $646.29M Beat $625.94M Estimate

AMC Networks (NASDAQ:AMCX) reported quarterly earnings of $2.39 per share which beat the analyst consensus estimate of $1.21 by 97.52 percent. This is a 8.08 percent decrease over earnings of $2.60 per share from the same period last year. The company reported quarterly sales of $646.29 million which beat the analyst consensus estimate of $625.94 million by 3.25 percent. This is a 16.32 percent decrease over sales of $772.30 million the same period last year.