Wall Street brokerages expect Lions Gate Entertainment Corp. (NYSE:LGF.A) to post $896.52 million in sales for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Lions Gate Entertainment’s earnings, with estimates ranging from $797.17 million to $1.01 billion. Lions Gate Entertainment reported sales of $901.00 million in the same quarter last year, which indicates a negative year-over-year growth rate of 0.5%. The company is scheduled to announce its next earnings report on Thursday, November 14th.
According to Zacks, analysts expect that Lions Gate Entertainment will report full-year sales of $3.82 billion for the current year, with estimates ranging from $3.70 billion to $3.95 billion. For the next financial year, analysts forecast that the business will post sales of $4.07 billion, with estimates ranging from $3.84 billion to $4.20 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that that provide coverage for Lions Gate Entertainment.
Lions Gate Entertainment (NYSE:LGF.A) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. Lions Gate Entertainment had a positive return on equity of 3.74% and a negative net margin of 8.90%. The business had revenue of $963.60 million during the quarter, compared to analysts’ expectations of $925.41 million.
Shares of Lions Gate Entertainment stock traded up $0.03 during trading on Monday, reaching $11.07. 877,000 shares of the company were exchanged, compared to its average volume of 946,812. The company has a quick ratio of 0.84, a current ratio of 0.80 and a debt-to-equity ratio of 1.04. Lions Gate Entertainment has a twelve month low of $10.86 and a twelve month high of $25.25. The business has a 50-day moving average price of $12.45 and a 200-day moving average price of $14.41. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of 16.52, a P/E/G ratio of 0.79 and a beta of 1.09.
About Lions Gate Entertainment
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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