Lions Gate Entertainment Corp expected to post a loss of 41 cents a share - Earnings Preview

Lions Gate Entertainment

23/05/2023 21:17

* Lions Gate Entertainment Corp  LGFa.N   LGFa  is expected
to show a rise in quarterly revenue when it reports  results 
    * The Santa Monica California-based  company is expected to
report
 a 6.9% increase in revenue to $994.394 million from $929.9
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lions Gate
Entertainment
Corp is for a loss of 41 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"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 $10​, below​ its last closing price
of $10.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.27       -0.15      0.07      Beat    145.8
 Sep. 30 2022  -0.33       -0.30      -0.45     Missed  -47.5
 Jun. 30 2022  -0.52       -0.48      -0.53     Missed  -11.3​
 Mar. 31 2022  -0.17       -0.16      -0.46     Missed  -178.8
 ​​Dec.        -0.02       -0.03      -0.20     Missed  -661.9
 31 2021                                                
 Sep. 30 2021  -0.12       -0.13      0.15      Beat    218​
 Jun. 30 2021  -0.17       -0.17      -0.20     Missed  -18.8
 Mar. 31 2021  -0.29       -0.30      -0.37     Missed  -21.3
 This summary was machine generated May 23 at 20:17 GMT.  All
figures in US dollars  unless otherwise stated