Earnings Outlook For Lions Gate Entertainment Corporation Class A Voting Shares

Lions Gate Entertainment Corporation Class A Voting Shares LGF is set to give its latest quarterly earnings report on Thursday, 2024-11-07. Here’s what investors need to know before the announcement.

Analysts estimate that Lions Gate Entertainment Corporation Class A Voting Shares will report an earnings per share (EPS) of $-0.60.

Anticipation surrounds Lions Gate Entertainment Corporation Class A Voting Shares’s announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.27, leading to a 1.84% drop in the share price the following trading session.

Here’s a look at Lions Gate Entertainment Corporation Class A Voting Shares’s past performance and the resulting price change:

Tracking Lions Gate Entertainment Corporation Class A Voting Shares’s Stock Performance

Shares of Lions Gate Entertainment Corporation Class A Voting Shares were trading at $8.01 as of November 05. Over the last 52-week period, shares are down 12.24%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Lions Gate Entertainment Corporation Class A Voting Shares visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.