Lions Gate Entertainment Co. Class A Voting Shares Forecasted to Earn Q2 2018 Earnings of ($0.12) Per Share (LGF.A)

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) – Stock analysts at SunTrust Banks lifted their Q2 2018 earnings per share estimates for Lions Gate Entertainment Co. Class A Voting Shares in a research report issued on Thursday. SunTrust Banks analyst M. Thornton now anticipates that the company will post earnings per share of ($0.12) for the quarter, up from their previous estimate of ($0.19). SunTrust Banks also issued estimates for Lions Gate Entertainment Co. Class A Voting Shares’ Q3 2018 earnings at $0.27 EPS and Q4 2018 earnings at $0.33 EPS.

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) last announced its earnings results on Thursday, November 9th. The company reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.42. The company had revenue of $941.00 million during the quarter, compared to the consensus estimate of $953.04 million. During the same period in the prior year, the business posted $0.01 earnings per share. Lions Gate Entertainment Co. Class A Voting Shares’s revenue for the quarter was up 47.1% compared to the same quarter last year.

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Other equities analysts have also issued reports about the stock. Rosenblatt Securities upgraded shares of Lions Gate Entertainment Co. Class A Voting Shares from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. KeyCorp set a $30.00 target price on shares of Lions Gate Entertainment Co. Class A Voting Shares and gave the stock a “buy” rating in a report on Tuesday, October 24th. Piper Jaffray Companies set a $35.00 target price on shares of Lions Gate Entertainment Co. Class A Voting Shares and gave the stock a “buy” rating in a report on Wednesday, October 11th. Loop Capital increased their target price on shares of Lions Gate Entertainment Co. Class A Voting Shares from $29.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, July 21st. Finally, UBS AG upgraded shares of Lions Gate Entertainment Co. Class A Voting Shares from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $32.56.

Shares of Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ LGF.A) traded down $0.07 during trading on Monday, reaching $30.59. The company had a trading volume of 28,585 shares, compared to its average volume of 578,369. Lions Gate Entertainment Co. Class A Voting Shares has a one year low of $24.27 and a one year high of $33.68.

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

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