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

Lions Gate Entertainment

25/05/2023 22:37

* Lions Gate Entertainment Corp  LGFa.N  reported quarterly
adjusted earnings of 21 cents​​ per share for the quarter ended
in March. The mean expectation of twelve analysts for the
quarter was for a loss of 41 cents per share.
    * Revenue rose 16.8% to $1.09 billion from a year ago;
analysts
expected $994.39 million. 
    * Lions Gate Entertainment Corp's reported EPS for the
quarter was
a loss of 42 cents​.
    * The mean earnings estimate of analysts had fallen by
about 138.8% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Lions Gate Entertainment Corp shares had fallen by 5.9%
this
quarter and gained 82.5% so far this year.
    * The company reported a quarterly loss of $96.8 million.
    * Wall Street's median 12-month price target for Lions Gate
Entertainment Corp is $10.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
25 at 09:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.41          0.21           Beat
 Dec. 31 2022      -0.15          0.07           Beat
 Sep. 30 2022      -0.30          -0.45          Missed
 Jun. 30 2022      -0.48          -0.53          Missed