Lionsgate Studios Corp reports results for the quarter - Earnings Summary

Reuters11-09

* Lionsgate Studios Corp reported a quarterly adjusted loss of 31 cents per share for the quarter . The mean expectation of three analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -39 cents to -2 cents per share.

* Revenue was $823.70 million; analysts expected $804.00 million.

* Lionsgate Studios Corp's reported EPS for the quarter was a loss of 39 cents.

* The company reported a quarterly loss of $113.4 million.

* Lionsgate Studios Corp shares had fallen by 8.0% this quarter and lost 37.9% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 98.4% in the last three months.

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the entertainment production peer group is also "buy"

Wall Street's median 12-month price target for Lionsgate Studios Corp is 10.00 This summary was machine generated from LSEG data November 9 at 12:26 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.25 -0.31 Missed

Jun. 30 2024 -0.09

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