AMC Networks Stock Jumps After Earnings Top Expectations

Shares of AMC Networks are surging after the company reported better-than-expected results for its latest quarter after putting a cost-cutting plan into action. The stock is up more than 24% in morning trading. Here’s what the company reported, versus what analysts expected according to FactSet: + **Adjusted earnings** of $2.52 per share, versus the $1.02 per share expected. The adjusted results stripped out a more than $400 million charge tied to its restructuring plan, and other charges. + **R