Lions Gate shares slip following first-quarter earnings

Ausiliatrice Cristiano
Agosto 9, 2017

FBR & Co reiterated an "outperform" rating and issued a $29.00 price target (up previously from $27.00) on shares of Lions Gate Entertainment Co. They issued a "hold" rating for the company.

In terms of earnings per share, 14 analysts have a 0.25 EPS mean target for the quarter ending Dec-17, for the quarter ending Mar-17, 19 analysts have a 0.26 EPS mean target and for the quarter ending Mar-17 there are 8 estimates of -0.03 EPS. Class A Voting Shares in a report on Sunday, June 4th. Zacks Investment Research's EPS averages are an average based on a survey of sell-side research firms that follow Lions Gate Entertainment Co. (NYSE:LGF) have received a consensus rating of "Buy" from the seventeen ratings firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock.

Lions Gate Entertainment engaged in motion picture production and distribution, television programming and syndication, home entertainment, worldwide distribution and sales, branded channel platforms, interactive ventures and games and location-based entertainment. Class A Voting Shares in a research report on Tuesday, June 27th. Class A Voting Shares in a report on Thursday, July 6th. Finally, TheStreet raised Lions Gate Entertainment Co.

Several other research analysts have also commented on the company. The company reported $0.49 EPS for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.22. Class A Voting Shares in a report on Tuesday, April 4th. The legal version of this piece of content can be read at Deutsche Bank AG began coverage on shares of Lions Gate Entertainment a report on Wednesday, June 28th.

ILLEGAL ACTIVITY WARNING: This report was reported by Sports Perspectives and is the sole property of of Sports Perspectives.

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