JimmyKhor
2021-06-07
Like and comment pls.
AMC Networks Moves 17.7% Higher: Will This Strength Last?
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The move was","content":"<p>AMC Networks (AMCX) shares soared 17.7% in the last trading session to close at $66.80. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 24.6% gain over the past four weeks.</p>\n<p>Increased optimism over rising viewer engagement, efficient economic model, and pricing power of the company's streaming offerings primarily drove the stock higher.</p>\n<p>This owner of cable channels including AMC and IFC is expected to post quarterly earnings of $2.21 per share in its upcoming report, which represents a year-over-year change of -7.5%. 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The move was backed by solid volume with far more shares changing hands than in a normal session. This compares ...</p>\n\n<a href=\"https://finance.yahoo.com/news/amc-networks-amcx-moves-17-083208201.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMCX":"AMC网络公司"},"source_url":"https://finance.yahoo.com/news/amc-networks-amcx-moves-17-083208201.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2141743235","content_text":"AMC Networks (AMCX) shares soared 17.7% in the last trading session to close at $66.80. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 24.6% gain over the past four weeks.\nIncreased optimism over rising viewer engagement, efficient economic model, and pricing power of the company's streaming offerings primarily drove the stock higher.\nThis owner of cable channels including AMC and IFC is expected to post quarterly earnings of $2.21 per share in its upcoming report, which represents a year-over-year change of -7.5%. Revenues are expected to be $705.14 million, up 9.1% from the year-ago quarter.\nEarnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.\nFor AMC Networks, the consensus EPS estimate for the quarter has been revised 11.5% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. 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