Starz Reports Third Quarter 2015 Financial Results

Go back to Starz Reports Third Quarter 2015 Financial Results

CLSA Downgrades Starz (STRZA) to Underperform

October 30, 2015 11:48 AM EDT

CLSA earlier downgraded Starz (NASDAQ: STRZA) from Buy to Underperform with a price target of $35.00.

For an analyst ratings summary and ratings history on Starz click here. For more ratings news on Starz click here.

Shares of Starz closed at $37.20 yesterday.

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Starz (STRZA) Misses Q3 EPS by 3c

October 29, 2015 4:30 PM EDT

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... More