Lions Gate Entertainment Corp expected to post a loss of 43 cents a share - Earnings Preview

Lions Gate Entertainment

07/08/2023 21:35

* Lions Gate Entertainment Corp  LGFa.N   LGFa  is expected
to show a fall in quarterly revenue when it reports  results on
August 9. 
    * The Santa Monica California-based  company is expected to
report
 a 1.2% decrease in revenue to $882.893 million from $893.9
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lions Gate
Entertainment
Corp is for a loss of 43 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 59.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Lions Gate
Entertainment Corp is $11.5​, above​ its last closing price
of $7.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.43       -0.41      -0.42     Missed  -2.4
 Dec. 31 2023  -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.        -0.17       -0.16      -0.46     Missed  -178.8
 31 2022                                                
 Dec. 31 2021  -0.02       -0.03      -0.20     Missed  -661.9
                                                        ​
 Sep. 30 2021  -0.12       -0.13      0.15      Beat    218
 Jun. 30 2021  -0.17       -0.17      -0.20     Missed  -18.8
 This summary was machine generated August 7 at 20:35 GMT.  All
figures in US dollars  unless otherwise stated