Lions Gate Entertainment (LGF.A) to Release Quarterly Earnings on Thursday

Lions Gate Entertainment (NYSE:LGF.A) is set to issue its quarterly earnings data after the market closes on Thursday, November 8th. Analysts expect the company to announce earnings of $0.07 per share for the quarter.

Lions Gate Entertainment (NYSE:LGF.A) last posted its quarterly earnings results on Thursday, August 9th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.10. The company had revenue of $933.00 million during the quarter, compared to the consensus estimate of $888.36 million. Lions Gate Entertainment had a return on equity of 5.97% and a net margin of 7.20%. The firm’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.49 EPS. On average, analysts expect Lions Gate Entertainment to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

LGF.A stock opened at $19.16 on Thursday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.82. The firm has a market cap of $4.08 billion, a PE ratio of 15.58, a PEG ratio of 2.78 and a beta of 0.99. Lions Gate Entertainment has a fifty-two week low of $18.04 and a fifty-two week high of $36.48.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 8th. Shareholders of record on Sunday, September 30th will be paid a $0.09 dividend. The ex-dividend date is Thursday, September 27th. This represents a $0.36 annualized dividend and a yield of 1.88%. Lions Gate Entertainment’s dividend payout ratio is currently 29.27%.

Several research analysts have commented on LGF.A shares. ValuEngine upgraded Lions Gate Entertainment from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 12th. SunTrust Banks upgraded Lions Gate Entertainment from a “hold” rating to a “$23.87” rating in a research note on Wednesday, July 18th. Zacks Investment Research downgraded Lions Gate Entertainment from a “buy” rating to a “hold” rating in a research note on Tuesday, July 24th. Canaccord Genuity set a $26.00 target price on Lions Gate Entertainment and gave the stock a “buy” rating in a research note on Friday, August 10th. Finally, Barrington Research lowered their price target on Lions Gate Entertainment from $34.00 to $27.00 and set an “outperform” rating on the stock in a report on Friday, August 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company’s stock. Lions Gate Entertainment currently has a consensus rating of “Buy” and a consensus price target of $31.77.

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Earnings History for Lions Gate Entertainment (NYSE:LGF.A)

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