Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Broadcasting Stocks Q3 Recap: Benchmarking iHeartMedia (NASDAQ:IHRT) [Yahoo! Finance]

AMC Networks Inc. - Class A (AMCX) 
Last amc networks inc. - class a earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Let's take a look at how iHeartMedia (NASDAQ:IHRT) and the rest of the broadcasting stocks fared in Q3. Broadcasting companies have been facing secular headwinds in the form of consumers abandoning traditional television and radio in favor of streaming services. As a result, many broadcasting companies have evolved by forming distribution agreements with major streaming platforms so they can get in on part of the action, but will these subscription revenues be as high quality and high margin as their legacy revenues? Only time will tell which of these broadcasters will survive the sea changes of technological advancement and fragmenting consumer attention. The 9 broadcasting stocks we track reported a satisfactory Q3. As a group, revenues beat analysts' consensus estimates by 0.8% while next quarter's revenue guidance was 9.5% below. While some broadcasting stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.6% sinc Show less Read more
Impact Snapshot
Event Time:
AMCX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AMCX alerts
Opt-in for
AMCX alerts

from News Quantified
Opt-in for
AMCX alerts

from News Quantified