Lions Gate Entertainment Corp expected to post a loss of 11 cents a share - Earnings Preview

Lions Gate Entertainment

21/05/2024 21:02

* Lions Gate Entertainment Corp  LGFa.N   LGFa  is expected
to show a fall in quarterly revenue when it reports  results on
May 23 for the period ending March 31 2024
    * The Santa Monica California-based  company is expected to
report
a 1.1% decrease in revenue to $1.073 billion from $1.09 billion
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Lions Gate Entertainment
Corp
is for a loss of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lions Gate
Entertainment Corp is $12.00​, above​ its last closing price
of $10.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.06       -0.06      -0.45     Missed  -598.3
 Sep. 30 2023  -0.28       -0.28      -0.95     Missed  -233.3
 Jun. 30 2023  -0.46       -0.45      -0.31     Beat    31.4​
 Mar. 31 2023  -0.43       -0.41      -0.42     Missed  -2.4
 ​​Dec.        -0.27       -0.15      0.07      Beat    145.8
 31 2022                                                
 Sep. 30 2022  -0.33       -0.30      -0.45     Missed  -47.5​
 Jan. 1 0001   -0.52       -0.48      -0.53     Missed  -11.3
 Mar. 31 2022  -0.17       -0.16      -0.46     Missed  -178.8
 This summary was machine generated May 21 at 20:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)