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Lions Gate Entertainment Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Lions Gate Entertainment (NYSE:LGF.A) Full Year 2024 Results

Key Financial Results

  • Revenue: US$4.02b (up 4.2% from FY 2023).

  • Net loss: US$1.10b (loss narrowed by 45% from FY 2023).

  • US$4.72 loss per share (improved from US$8.82 loss in FY 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lions Gate Entertainment Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 1.7%.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Entertainment industry in the US.

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Performance of the American Entertainment industry.

The company's shares are down 14% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Lions Gate Entertainment you should be aware of, and 1 of them is concerning.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.