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

Lions Gate Entertainment

09/08/2023 23:15

* Lions Gate Entertainment Corp  LGFa.N  reported a
quarterly
adjusted loss of 31 cents​​ per share for the quarter ended in
June. The mean expectation of nine analysts for the quarter was
for a loss of 45 cents per share.
    * Revenue rose 1.6% to $908.60 million from a year ago;
analysts
expected $882.89 million. 
    * Lions Gate Entertainment Corp's reported EPS for the
quarter was
a loss of 31 cents​.
    * The mean earnings estimate of analysts had fallen by
about 36.9%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Lions Gate Entertainment Corp shares had fallen by 10.5%
this
quarter and gained 38.4% so far this year.
    * The company reported a quarterly loss of $70.7 million.
    * Wall Street's median 12-month price target for Lions Gate
Entertainment Corp is $11.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.45          -0.31          Beat
 Mar. 31 2023      -0.41          -0.42          Missed
 Dec. 31 2022      -0.15          0.07           Beat
 Sep. 30 2022      -0.30          -0.45          Missed