Thursday, February 04, 2016 6:50:23 PM
Lions Gate Entertainment misses by $0.18, misses on revs
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4:04 PM ET 2/4/16 | Briefing.com
RELATED QUOTES
4:00 PM ET 2/4/16
Symbol Last % Chg
LGF
25.45 -0.70%
Quotes delayed at least 15 minutes
Reports Q3 (Dec) earnings of $0.45 per share, $0.18 worse than the Capital IQ Consensus of $0.63; revenues fell 10.8% year/year to $670.5 mln vs the $769.93 mln Capital IQ Consensus. Lionsgate's filmed entertainment backlog, or already contracted future revenue not yet recorded, was ~$1.3 billion at December 31, 2015, increasing from $1.2 billion at September 30, 2015."While the performance of our theatrical film slate resulted in softer than anticipated results, our other businesses performed strongly in the quarter."
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