Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) Expected to Announce Earnings of $0.27 Per Share

Wall Street analysts forecast that Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) will announce earnings of $0.27 per share for the current quarter, Zacks reports. Seven analysts have made estimates for Lions Gate Entertainment Co. Class A Voting Shares’ earnings, with the lowest EPS estimate coming in at $0.17 and the highest estimate coming in at $0.46. Lions Gate Entertainment Co. Class A Voting Shares posted earnings of $0.18 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 50%. The company is scheduled to announce its next quarterly earnings results after the market closes on Tuesday, August 8th.

According to Zacks, analysts expect that Lions Gate Entertainment Co. Class A Voting Shares will report full year earnings of $0.91 per share for the current year, with EPS estimates ranging from $0.53 to $1.45. For the next financial year, analysts forecast that the company will report earnings of $1.00 per share, with EPS estimates ranging from $0.81 to $1.29. Zacks’ EPS averages are an average based on a survey of research analysts that that provide coverage for Lions Gate Entertainment Co. Class A Voting Shares.

Several research firms have recently issued reports on LGF.A. Rosenblatt Securities reissued a “buy” rating on shares of Lions Gate Entertainment Co. Class A Voting Shares in a report on Tuesday, July 4th. Zacks Investment Research raised Lions Gate Entertainment Co. Class A Voting Shares from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. FBR & Co reissued an “outperform” rating and set a $29.00 target price (up from $27.00) on shares of Lions Gate Entertainment Co. Class A Voting Shares in a report on Wednesday, June 28th. Deutsche Bank AG began coverage on Lions Gate Entertainment Co. Class A Voting Shares in a report on Tuesday, June 27th. They set a “hold” rating on the stock. Finally, TheStreet raised Lions Gate Entertainment Co. Class A Voting Shares from a “d” rating to a “c-” rating in a report on Monday, June 19th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $32.00.

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

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