Lions Gate Entertainment Corp. (NYSE:LGF.A) Expected to Post Earnings of $0.19 Per Share
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.
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.
Featured Article: Why do corrections happen?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Lions Gate Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lions Gate Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.