Lionsgate (LGF) Misses Q3 EPS by 4c
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February 8, 2016 11:05 AM EST
B. Riley reiterated a Buy rating on Lionsgate (NYSE: LGF), and cut the price target to $32.00 (from $50.00), following the company's 3Q earnings report. Revenues of $671MM came in below consensus estimates of $771MM with diluted EPS of $0.26 also coming in below consensus estimates of $0.49. The weakness was driven by... More
February 8, 2016 9:55 AM EST
Jefferies maintained a Buy rating on Lionsgate (NYSE: LGF), and cut the price target to $30.00 (from $44.00), following the company's 3Q earnings report. LGF reported disappointing F3Q results, but did not lower the 3-yr EBITDA guidance. However, the company did acknowledge that they were... More
February 5, 2016 7:43 AM EST
Despite cutting Lions Gate (NYSE: LGF) estimates in December, FBR Capital analyst, Barton Crockett, profit estimates were still considerably too high. The drag from Hunger Games had a much bigger impact on margins than the analyst realized bringing former guidance for $1.1B$1.2B of cumulative EBITDA from FY15FY17 into question. The call starts at 9AM, no change... More
