Lions Gate Entertainment Corporation Class B Non-Voting Shares Q2 2023 Adj EPS $0.21 Beats $0.19 Estimate, Sales $1.02B Beat $985.20M Estimate
Portfolio Pulse from saritha@benzinga.com
Lions Gate Entertainment Corporation Class B Non-Voting Shares (NYSE:LGF) reported Q2 2023 earnings of $0.21 per share, beating the analyst consensus estimate of $0.19 by 10.53%. This is a 275% increase over losses of $(0.12) per share from the same period last year. The company also reported quarterly sales of $1.02 billion, beating the analyst consensus estimate of $985.20 million by 3.13%. This is a 16.09% increase over sales of $875.20 million the same period last year.

November 09, 2023 | 10:04 pm
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Lions Gate Entertainment's Q2 2023 earnings and sales beat estimates, indicating a strong financial performance.
Lions Gate Entertainment reported better than expected earnings and sales for Q2 2023. This strong financial performance could lead to a positive short-term impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100