Lions Gate Entertainment (LGF: Quote) reported a third quarter net loss of $0.01 per share after the close Thursday, compared to the loss of $0.04 per share last year. The consensus estimate was for EPS of $0.09.
Lions Gate Entertainment has been gaining ground for the bulk of early trade Friday and is currently higher by 0.95 at $11.96. The stock has broken out of a 2 1/2 week trading range and has set a new high for the year.
Click here to receive FREE breaking news email alerts for Lions Gate Entertainment Corp and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org