AMC Networks Posts Mixed Results; Bullish View On Wayfair
- August 04th, 2023
- 455 views
AMC Networks Inc. (Nasdaq: AMCX) reported Q2 2023 adjusted earnings per share (EPS) of $2.02, surpassing analysts' expectations of $1.60.
However, the company reported quarterly revenues of $678.63 million, falling short of the consensus estimate of $706.47 million for the period.
In pre-market trading, $AMCX is currently priced at $12.52, up $0.24 (+1.95%).
In other news, Wayfair Inc. (NYSE: W), a prominent online retailer specializing in home goods, has received a positive review from Citigroup, which maintained its "Buy" rating on the stock and raised the price target from $88 to $106.
With Thursday's closing price of $84.67, the revised price target indicates a potential upside of $21.33 or roughly 25.2% for $W, according to the investment firm's analysis.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer
Post Your Comments
Want To Find Some News?
Recent Posts
-
NJCP Football League Provides Development and Opportunity for Athletes Pursuing the Next Level
March 20th, 2026March 19th, 2026How High School Graduates Can Kickstart Their Football Career
March 18th, 2026
Member Login