DreamWorks Animation SKG (DWA) Tops Q4 EPS by 39c

DreamWorks Animation SKG (NASDAQ: DWA) reported Q4 EPS of $0.55, $0.39 better than the analyst estimate of $0.16. Revenue for the quarter came in at $319.3 million versus the consensus estimate of $274.02 million.

"Although 2015 was a transitional year for our company, I am exceptionally proud of what the DreamWorks team has accomplished this year and I'm pleased to report that we have met or exceeded our stated full year 2015 goals across all key financial metrics," said Jeffrey Katzenberg, Chief Executive Officer of DreamWorks Animation. "DWA delivered its best top line result in 11 years and highest revenue growth in eight years, accelerating 34% from 2014. In addition, our positive adjusted operating income and operating cash flow demonstrate our commitment to profitably grow our businesses while keeping a sharp eye on cost management and productivity improvements."

Katzenberg continued, "While there is still much work to be done before we cross the goal line on the objectives we shared a year ago, we enter 2016 with considerable momentum. Our continued focus on executing on our strategic goals will not only ensure sustainable and profitable growth over the long term, but create shareholder value for years to come."

For earnings history and earnings-related data on DreamWorks Animation SKG (DWA) click here.

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