Equities Analysts Set Expectations for 's FY2018 Earnings (NASDAQ:LGF.A)

Brunilde Fioravanti
Novembre 20, 2017

The legal version of this article can be accessed at https://weekherald.com/2017/11/19/fy2018-eps-estimates-for-lions-gate-entertainment-co-class-a-voting-shares-lgf-a-raised-by-analyst.html. Thornton now expects that the company will post earnings per share of $1.28 for the year, up from their previous forecast of $1.12. Barrington Research also issued estimates for Lions Gate Entertainment Corporation's FY2018 earnings at $1.15 EPS. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.89.

More notable recent Lions Gate Entertainment Corporation Class B Non-Voting Shares (NYSE:LGF.B) news were published by: Law360.com which released: "Starz Holders Seek Appraisal As Lions Gate Closes $4B Deal" on December 10, 2016, also Investorplace.com with their article: "LGF, STRZA: Lions Gate Entertainment Corp".

ILLEGAL ACTIVITY NOTICE: This article was first reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. Lions Gate Entertainment Corporation now has an average rating of "Buy" and a consensus target price of $32.58.

Lions Gate Entertainment Corporation (NYSE:LGF.A) last issued its quarterly earnings results on Thursday, November 9th.

Rosenblatt boosted the shares of Lions Gate Entertainment Corporation Class B Non-Voting Shares (LGF.B) from a Neutral rating to Buy rating in an analyst note made public on Monday morning. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.13) by $0.42. Finally, Piper Jaffray Companies set a $35.00 price target on Lions Gate Entertainment Corporation and gave the stock a "buy" rating in a research report on Thursday, July 27th. The business had revenue of $941.00 million during the quarter, compared to analysts' expectations of $953.04 million. Lions Gate Entertainment Corporation has a twelve month low of $24.27 and a twelve month high of $33.68. The firm's revenue for the quarter was up 47.1% compared to the same quarter past year. Three research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. If you are viewing this article on another domain, it was copied illegally and reposted in violation of USA and global trademark & copyright laws. FBN Securities began coverage on Lions Gate Entertainment Corporation in a research report on Friday, September 15th. Lions Gate Entertainment Corporation had a return on equity of 6.96% and a net margin of 5.56%. During the same quarter a year ago, the business posted $0.01 EPS.

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