FY2019 EPS Estimates for Lions Gate Entertainment Co. Class A Voting Shares Cut by Jefferies Group (LGF.A)

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) – Jefferies Group dropped their FY2019 earnings estimates for shares of Lions Gate Entertainment Co. Class A Voting Shares in a report released on Thursday. Jefferies Group analyst J. Janedis now anticipates that the company will post earnings of $0.81 per share for the year, down from their previous estimate of $0.93.

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

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

Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) traded down $0.24 during trading hours on Monday, reaching $30.45. The company had a trading volume of 139,694 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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