Actionable news
0
All posts from Actionable news
Actionable news in LGF: LIONS GATE ENTERTAINMENT,

Lions Gate (LGF) Stock Up on Q1 Beat, PacCrest: Upside in Online Streaming, TV

NEW YORK (TheStreet) -- Shares of Lions Gate Entertainment (LGF) were climbing 8.53% to $20.67 late Friday afternoon after the company posted better-than-expected results for the 2017 first quarter after Thursday's market close.

The Santa Monica, CA-based entertainment company earned 19 cents per diluted share on revenue of $553.6 million.

Analysts were modeling earnings of 17 cents per share on revenue of $494.34 million for the period.

Following the news, analysts at Pacific Crest released a note that while the company has some long-term margin concerns, in the...


More