Brokers Offer Predictions for Lions Gate Entertainment Co. Class A Voting Shares’ FY2018 Earnings (LGF.A)

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) – Investment analysts at SunTrust Banks lifted their FY2018 EPS estimates for shares of Lions Gate Entertainment Co. Class A Voting Shares in a report released on Thursday. SunTrust Banks analyst M. Thornton now forecasts that the company will post earnings per share of $1.28 for the year, up from their previous estimate of $1.12.

Other research analysts also recently issued research reports about the company. B. Riley reissued a “buy” rating on shares of Lions Gate Entertainment Co. Class A Voting Shares in a report on Wednesday, November 1st. Loop Capital increased their target price on Lions Gate Entertainment Co. Class A Voting Shares from $29.00 to $36.00 and gave the company a “buy” rating in a report on Friday, July 21st. Royal Bank Of Canada increased their target price on Lions Gate Entertainment Co. Class A Voting Shares from $32.00 to $35.00 and gave the company an “outperform” rating in a report on Wednesday, August 9th. Cowen and Company restated a “hold” rating and issued a $25.00 price target on shares of Lions Gate Entertainment Co. Class A Voting Shares in a research report on Friday, July 28th. Finally, Piper Jaffray Companies set a $35.00 price target on Lions Gate Entertainment Co. Class A Voting Shares and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Lions Gate Entertainment Co. Class A Voting Shares presently has a consensus rating of “Buy” and a consensus target price of $32.56.

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Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) opened at $31.23 on Friday. Lions Gate Entertainment Co. Class A Voting Shares has a 1-year low of $24.27 and a 1-year high of $33.68.

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.42. The business had revenue of $941.00 million for the quarter, compared to the consensus estimate of $953.04 million. The company’s revenue for the quarter was up 47.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 earnings per share.

Earnings History and Estimates for Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A)

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