Lions Gate Entertainment Co. Class A Voting Shares to Post Q2 2018 Earnings of ($0.12) Per Share, SunTrust Banks Forecasts (LGF.A)

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) – Research analysts at SunTrust Banks lifted their Q2 2018 earnings per share estimates for Lions Gate Entertainment Co. Class A Voting Shares in a report issued on Thursday. SunTrust Banks analyst M. Thornton now expects that the company will earn ($0.12) per share for the quarter, up from their prior forecast 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 posted 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 business had revenue of $941.00 million during the quarter, compared to analyst estimates of $953.04 million. During the same quarter in the prior year, the company earned $0.01 EPS. The company’s revenue was up 47.1% on a year-over-year basis.

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A number of other equities research analysts also recently issued reports on the stock. Rosenblatt Securities raised shares of 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 price objective on shares of 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 objective on shares of Lions Gate Entertainment Co. Class A Voting Shares and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Loop Capital upped their price objective 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 research report on Friday, July 21st. Finally, UBS AG raised shares of Lions Gate Entertainment Co. Class A Voting Shares from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Lions Gate Entertainment Co. Class A Voting Shares 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) opened at $31.23 on Monday. Lions Gate Entertainment Co. Class A Voting Shares has a fifty-two week low of $24.27 and a fifty-two week high of $33.68.

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

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