AMCX data by YCharts. What: Shares of AMC Networks fell 14.1% in August, according to data from S&P Capital IQ. Most of that haircut came early in the month, when AMC's second-quarter results easily exceeded analyst expectations. Wait. What? So what: Analysts were expecting adjusted earnings of roughly $0.88 per share on something like $588 million in top-line revenues. AMC reported far better numbers: Earnings rose 37% year over year to land at $1.23 per diluted share while revenues increased 15% to $601 million. The report wasn't flawless, of course.