Starz Liberty (STRZA) Tops Q2 EPS by 12c

Starz Liberty (NASDAQ: STRZA) reported Q2 EPS of $0.62, $0.12 better than the analyst estimate of $0.50. Revenue for the quarter came in at $410.1 million versus the consensus estimate of $442.84 million.

“Our business performed well in the second quarter as we executed on our long-term strategy to build the Starz brand and create compelling original programming,” commented Starz CEO, Chris Albrecht. “We are pleased with the STARZ original programming schedule, which is gaining meaningful traction with audiences and our distributors. ‘Da Vinci’s Demons,’ which concluded its second season, has been renewed for a third season. ‘Power’ was also renewed and is performing well across all distribution platforms, with continued momentum and significant audience growth, while we are particularly excited about the eagerly-anticipated series premiere of ‘Outlander’ on August 9.”

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

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