Lions Gate Entertainment (LGF) 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.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.