Starz (STRZA) Misses Q3 EPS by 3c

Starz (NASDAQ: STRZA) reported Q3 EPS of $0.56, $0.03 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $404.1 million versus the consensus estimate of $422.62 million.

Financial Highlights:

• Reported consolidated revenue of $404.1 million; Adjusted OIBDA(2) of $114.7 million; operating income of $101.8 million and fully diluted earnings per share of $0.56
• Starz Networks reported revenue of $329.3 million, up 1%; Adjusted OIBDA of $113.1 million, up 3% and operating income of $101.6 million, up 2% as compared to the prior year results

For earnings history and earnings-related data on Starz (STRZA) click here.

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