Lions Gate Entertainment Corp expected to post a loss of 63 cents a share - Earnings Preview

Lions Gate Entertainment

06/11/2024 04:52

* Lions Gate Entertainment Corp  LGFa.N   LGFa  is expected
to show a fall in quarterly revenue when it reports  results on
November 7 for the period ending January 1 0001
    * The Santa Monica California-based  company is expected to
report
a 7.6% decrease in revenue to $937.952 million from $1.02
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 63 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and 1 "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 11.58​, above​ its last closing price
of $8.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.18       -0.18      -0.25     Missed  -40.8
 Jan. 1 2024   -0.10       -0.11      -0.22     Missed  -100
 Dec. 31 2023  -0.06       -0.06      -0.45     Missed  -598.3
                                                        ​
 Sep. 30 2023  -0.28       -0.26      -0.95     Missed  -263.4
 ​​Jan.        -0.46       -0.45      -0.31     Beat    31.4
 1 0001                                                 
 Mar. 31 2023  -0.43       -0.41      -0.42     Missed  -2.4​
 Dec. 31 2022  -0.27       -0.15      0.07      Beat    145.8
 Sep. 30 2022  -0.33       -0.30      -0.45     Missed  -47.5
 This summary was machine generated November 6 at 04:52 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)