Lions Gate Entertainment Corp reports results for the quarter ended in December - Earnings Summary

Lions Gate Entertainment

10/02/2023 06:03

* Lions Gate Entertainment Corp  LGFa.N  reported quarterly
adjusted earnings of 7 cents​​ per share for the quarter ended
in December. The mean expectation of thirteen analysts for the
quarter was for a loss of 15 cents per share.
    * Revenue rose 13% to $1.00 billion from a year ago;
analysts
expected $895.99 million. 
    * Lions Gate Entertainment Corp's reported EPS for the
quarter was
7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 409.5% in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Lions Gate Entertainment Corp shares had risen by 44.5%
this
quarter.
    * The company reported quarterly net income of $16.6
million.
    * Wall Street's median 12-month price target for Lions Gate
Entertainment Corp is $8.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
10 at 06:03 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.15          0.07           Beat
 Sep. 30 2022      -0.30          -0.45          Missed
 Jun. 30 2022      -0.48          -0.53          Missed
 Mar. 31 2022      -0.16          -0.46          Missed