Lionsgate Studios Corp reports results for the quarter - Earnings Summary

Lionsgate Studios

09/11/2024 12:26

* Lionsgate Studios Corp  LION.OQ  reported a quarterly
adjusted
loss of 31 cents​​ per share for the quarter .  The mean
expectation of three analysts for the quarter was for a loss
of 25 cents per share. Wall Street expected results to range
from -39 cents to -2 cents per share.
    * Revenue was $823.70 million​; analysts expected $804.00
million. 
    * Lionsgate Studios Corp's reported EPS for the quarter was
a loss
of 39 cents​.
    * The company reported a quarterly loss of $113.4 million.
    * Lionsgate Studios Corp shares had fallen by 8.0% this
quarter and lost 37.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 98.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the entertainment
production peer group is also "buy"

Wall Street's median 12-month price target for Lionsgate Studios
Corp is 10.00 
This summary was machine generated from LSEG data November 9 at
12:26 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.25          -0.31          Missed
 Jun. 30 2024      -0.09