SunTrust Banks Weighs in on Lions Gate Entertainment Co. Class A Voting Shares’ FY2018 Earnings (LGF.A)

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) – Equities researchers at SunTrust Banks increased their FY2018 EPS estimates for Lions Gate Entertainment Co. Class A Voting Shares in a note issued to investors on Thursday. SunTrust Banks analyst M. Thornton now expects that the company will post earnings of $1.28 per share for the year, up from their prior forecast of $1.12.

Several other equities research analysts have also recently commented on the company. FBN Securities started coverage on Lions Gate Entertainment Co. Class A Voting Shares in a research note on Friday, September 15th. They issued an “outperform” rating and a $37.71 target price on the stock. KeyCorp set a $30.00 target price on Lions Gate Entertainment Co. Class A Voting Shares and gave the company a “buy” rating in a research note on Tuesday, October 24th. Zacks Investment Research raised Lions Gate Entertainment Co. Class A Voting Shares from a “hold” rating to a “strong-buy” rating and set a $35.00 price target on the stock in a research report on Wednesday, October 11th. Loop Capital boosted their price target on Lions Gate Entertainment Co. Class A Voting Shares from $29.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, July 21st. 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 Thursday, July 27th. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $32.56.

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Lions Gate Entertainment Co. Class A Voting Shares (LGF.A) traded up $1.93 during midday trading on Friday, reaching $31.23. The company’s stock had a trading volume of 1,270,000 shares, compared to its average volume of 563,241. Lions Gate Entertainment Co. Class A Voting Shares has a 12-month low of $24.27 and a 12-month high of $33.68.

Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) last released its earnings results on Thursday, November 9th. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.42. The firm had revenue of $941.00 million during the quarter, compared to the consensus estimate of $953.04 million. The company’s revenue was up 47.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.01 EPS.

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

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