Television broadcasting and production company AMC Networks (NASDAQ:AMCX) will be reporting earnings tomorrow morning. Here's what investors should know.

Last quarter AMC Networks reported revenues of $637 million, down 6.6% year on year, missing analyst expectations by 3.2%. It was a mixed quarter for the company, with an impressive beat of analysts' earnings estimates but a miss of analysts' revenue estimates.

Is AMC Networks buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting AMC Networks's revenue to decline 30.1% year on year to $674.3 million, a further deceleration on the 20% year-over-year decrease in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.84 per share.

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company missed Wall St's revenue estimates five times over the last two years.

Looking at AMC Networks's peers in the consumer discretionary segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. FOX's revenues decreased 8.1% year on year, beating analyst estimates by 0.5% and Universal Technical Institute reported revenues up 45.6% year on year, exceeding estimates by 3.8%. FOX was up 5% on the results, and Universal Technical Institute was up 4.2%.

Read our full analysis of FOX's results here and Universal Technical Institute's results here.

Investors in the consumer discretionary segment have had steady hands going into the earnings, with the stocks up on average 0% over the last month. AMC Networks is down 9.4% during the same time, and is heading into the earnings with analyst price target of $15.7, compared to share price of $17.5.

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