Lions Gate (LGF-A) Gains After Topping Q1 Views

Lions Gate Entertainment Corp. (NYSE: LGF-A) is gaining 7% in pre-open trade after the reported Q4 adj-EPS after the close Thursday of $0.25, versus the analyst estimate of ($0.04). Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.03 billion. Adj-OIBDA was $136 million.

"Our strong quarter capped a successful year in which we exceeded our internal and consensus financial expectations with significant contributions across our film, television and Starz platforms," said Lionsgate Chief Executive Officer Jon Feltheimer. "We enter fiscal 2019 well positioned to continue growing our worldwide content platform, deepening our key talent relationships, and rolling out Starz as a truly global consumer brand. Today I'm pleased to announce that we've taken a major step forward in this initiative by launching STARZPLAY branded channels in the UK and Germany on Amazon Prime Video."

For earnings history and earnings-related data on Lions Gate Entertainment Corp. (LGF-A) click here.

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