Lions Gate Entertainment Corp.Third Quarter Earnings Sneak Peek

Lions Gate Entertainment Corp. (NYSE:LGF) will unveil its latest earnings on Thursday, February 9, 2012. Lions Gate Entertainment is engaged in the production and distribution of motion pictures, television programming, home entertainment, family entertainment, video-on-demand, and digitally delivered content.

Lions Gate Entertainment Corp. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 9 cents per share, a swing from net loss of 4 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 12 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 10 cents during the last month.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked a loss of 27 cents per share versus a mean estimate of net loss of 36 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $363.5 million in revenue this quarter, a decline of 14.1% from the year ago quarter. Analysts are forecasting total revenue of $1.44 billion for the year, a decline of 8.9% from last year’s revenue of $1.58 billion.

Analyst Ratings: Analysts are bullish on Lions Gate Entertainment Corp. (USA as four analysts rate it as a buy, one rates it as a sell and three rate it as a hold.

A Look Back: In the second quarter, the company’s loss narrowed to a loss of $24.6 million (18 cents a share) from a loss of $29.7 million (22 cents) a year earlier, beating analyst expectations. Revenue fell 21.5% to $358.1 million from $456.3 million.

Key Stats:

Revenue has fallen for the past three quarters. Revenue fell 20% in first quarter from the year earlier and 12.5% in the fourth quarter of the last fiscal year.

Lions Gate Entertainment Corp. (USA’s loss in the latest quarter followed profits in the previous two quarters. The company reported a profit of $12.2 million in the first quarter and profit of $46.1 million in the fourth quarter of the last fiscal year.

Stock Price Performance: During January 6, 2012 to February 6, 2012, the stock price had risen $2.57 (30.6%) from $8.41 to $10.98. The stock price saw one of its best stretches over the last year between August 8, 2011 and August 15, 2011 when shares rose for six-straight days, rising 12.6% (+80 cents) over that span. It saw one of its worst periods between April 7, 2011 and April 14, 2011 when shares fell for six-straight days, falling 4.3% (-29 cents) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com