Lions Gate Entertainment (LGF) reported fourth quarter adjusted EPS of $0.61 after the close Thursday, compared to the loss of $0.06 in the prior year period. The consensus estimate was for EPS of $0.44.
Lions Gate Entertainment gapped open sharply higher Friday and is now up 1.02 at $29.05 in early trade. The stock has been on an upward trend for over a month and has set a new high for the year.
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