Equities analysts predict that Lions Gate Entertainment Corp. (NYSE:LGF.A) will announce earnings of $0.19 per share for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Lions Gate Entertainment’s earnings, with the lowest EPS estimate coming in at $0.11 and the highest estimate coming in at $0.22. Lions Gate Entertainment posted earnings of ($0.02) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 1,050%. The firm is expected to issue its next quarterly earnings report on Thursday, August 13th.

According to Zacks, analysts expect that Lions Gate Entertainment will report full year earnings of $0.55 per share for the current fiscal year, with EPS estimates ranging from $0.15 to $0.83. For the next year, analysts anticipate that the business will post earnings of $0.97 per share, with EPS estimates ranging from $0.80 to $1.25. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Lions Gate Entertainment.

Lions Gate Entertainment (NYSE:LGF.A) last released its quarterly earnings data on Thursday, May 21st. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.02). Lions Gate Entertainment had a negative net margin of 4.84% and a positive return on equity of 3.12%. The company had revenue of $944.30 million for the quarter, compared to the consensus estimate of $946.24 million.

A number of research analysts recently commented on the stock. JPMorgan Chase & Co. lowered their price target on shares of Lions Gate Entertainment from $14.00 to $11.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. reaffirmed a “sell” rating on shares of Lions Gate Entertainment in a report on Tuesday, June 9th. Barrington Research reaffirmed a “buy” rating and issued a $10.00 price target on shares of Lions Gate Entertainment in a report on Tuesday, May 26th. Deutsche Bank lowered their price target on shares of Lions Gate Entertainment from $22.00 to $10.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Finally, Royal Bank of Canada initiated coverage on shares of Lions Gate Entertainment in a research report on Monday, April 27th. They issued a “sector perform” rating and a $7.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $12.33.

Shares of NYSE:LGF.A remained flat at $$7.41 during trading on Thursday. 987,244 shares of the company were exchanged, compared to its average volume of 1,401,384. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.04. Lions Gate Entertainment has a 1 year low of $4.18 and a 1 year high of $13.42. The company’s 50 day moving average price is $7.88 and its 200 day moving average price is $8.42. The stock has a market cap of $1.61 billion, a PE ratio of -8.62, a PEG ratio of 1.47 and a beta of 1.43.

Lions Gate Entertainment Company Profile

Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the United States, and internationally. The company operates through three segments: Motion Pictures, Television Production, and Media Networks.

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Earnings History and Estimates for Lions Gate Entertainment (NYSE:LGF.A)

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