Hasbro Forecasts Slumping Sales in 2024 After 4Q Results Miss Estimates [MarketWatch]
Lions Gate Entertainment Corporation Class A Voting Shares (LGF.A)
Last lions gate entertainment corporation class a voting shares earnings: 2/6 04:05 pm
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Source: MarketWatch
The Pawtucket, R.I.-based toymaker posted a loss of $1.06 billion, or $7.64 a share, in the quarter ended Dec. 31, compared with a loss of $128.9 million, or 93 cents a share, a year earlier. Analysts polled by FactSet had expected a per-share profit of 59 cents. Advertisement Stripping out certain one-time items, adjusted per-share earnings came to 38 cents, below the 65 cents forecast by analysts, according to FactSet. Revenue fell 23% to $1.29 billion, missing the $1.34 billion expected by analysts polled by FactSet. Hasbro said that a 7% increase in revenue from its Wizards of the Coast and Digital Gaming segment was offset by a 25% decline in consumer products and a 49% drop in entertainment segment revenue. The company's profit in the quarter was affected by a large goodwill and asset impairment charge, part of which was associated with the divestment of its eOne film and television business. Hasbro completed the sale of eOne to Lions Gate Entertainment in December.
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LGF.A
News
- Hasbro Shares Rise as First-Quarter Earnings Beat Estimates [BNN Bloomberg (Canada)]BNN Bloomberg
- Here's Why Lions Gate Entertainment (LGF.A) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Lions Gate (LGF.A) Moves to Buy: Rationale Behind the Upgrade [Yahoo! Finance]Yahoo! Finance
- Are Investors Undervaluing Lions Gate Entertainment (LGF.A) Right Now? [Yahoo! Finance]Yahoo! Finance
- Is Now An Opportune Moment To Examine Lions Gate Entertainment Corp. (NYSE:LGF.A)? [Yahoo! Finance]Yahoo! Finance
LGF.A
Earnings
- 2/8/24 - Beat
LGF.A
Sec Filings
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form 8-K
- 4/3/24 - Form 4
- LGF.A's page on the SEC website