Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) Announces Earnings Results, Beats Estimates By $0.28 EPS

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) released its quarterly earnings results on Thursday. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.28, Briefing.com reports. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Lions Gate Entertainment Co. Class A Voting Shares had a return on equity of 6.98% and a net margin of 10.22%. Lions Gate Entertainment Co. Class A Voting Shares’s quarterly revenue was up 51.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.20 EPS.

Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A) traded down $3.76 during mid-day trading on Friday, hitting $26.81. The stock had a trading volume of 5,240,000 shares, compared to its average volume of 960,000. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $2,500.00 and a price-to-earnings ratio of 30.47. Lions Gate Entertainment Co. Class A Voting Shares has a 1-year low of $24.27 and a 1-year high of $36.48.

A number of equities analysts have commented on the company. B. Riley reissued a “buy” rating on shares of Lions Gate Entertainment Co. Class A Voting Shares in a report on Wednesday, November 1st. SunTrust Banks cut Lions Gate Entertainment Co. Class A Voting Shares from a “buy” rating to a “hold” rating in a report on Friday. KeyCorp cut Lions Gate Entertainment Co. Class A Voting Shares from an “overweight” rating to a “sector weight” rating in a report on Friday. Piper Jaffray Companies set a $35.00 target price on Lions Gate Entertainment Co. Class A Voting Shares and gave the company a “buy” rating in a report on Friday. Finally, Argus increased their target price on Lions Gate Entertainment Co. Class A Voting Shares to $38.00 and gave the company a “buy” rating in a report on Wednesday, December 6th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $34.71.

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Earnings History for Lions Gate Entertainment Co. Class A Voting Shares (NYSE:LGF.A)

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