Can Lions Gate Entertainment Meet These Numbers?
Lions Gate Entertainment (NYS: LGF) is expected to report Q4 earnings on May 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Lions Gate Entertainment's revenues will grow 13.5% and EPS will turn positive
The average estimate for revenue is $732.1 million. On the bottom line, the average EPS estimate is $0.41.
Last quarter, Lions Gate Entertainment booked revenue of $743.6 million. GAAP reported sales were much higher than the prior-year quarter's $323.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.27. GAAP EPS were $0.27 for Q3 against -$0.01 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 45.9%, 840 basis points better than the prior-year quarter. Operating margin was 11.1%, 670 basis points better than the prior-year quarter. Net margin was 5.1%, 550 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.65 billion. The average EPS estimate is $1.00.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 350 members out of 407 rating the stock outperform, and 57 members rating it underperform. Among 109 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 95 give Lions Gate Entertainment a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lions Gate Entertainment is outperform, with an average price target of $19.10.
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The article Can Lions Gate Entertainment Meet These Numbers? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.