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Dreamworks Animation Skg (NYSE:DWA) issued its quarterly earnings data on Tuesday. The company reported ($0.18) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.16, ARN reports. The company had revenue of $122.30 million for the quarter, compared to the consensus estimate of $138.10 million. During the same quarter last year, the company posted $0.26 earnings per share. Dreamworks Animation Skg’s revenue was down 42.7% compared to the same quarter last year.

Dreamworks Animation Skg (NYSE:DWA) traded down 1.24% on Tuesday, hitting $22.655. The stock had a trading volume of 1,285,838 shares. Dreamworks Animation Skg has a one year low of $21.84 and a one year high of $36.01. The stock’s 50-day moving average is $23.83 and its 200-day moving average is $27.66. The company has a market cap of $1.917 billion and a P/E ratio of 305.87.

DWA has been the subject of a number of recent research reports. Analysts at FBR Capital Markets initiated coverage on shares of Dreamworks Animation Skg in a research note on Monday. They set a “market perform” rating and a $24.00 price target on the stock. On a related note, analysts at Morgan Stanley cut their price target on shares of Dreamworks Animation Skg to $24.00 in a research note on Monday. Finally, analysts at Ascendiant Capital Markets downgraded shares of Dreamworks Animation Skg from a “buy” rating to a “hold” rating in a research note on Monday, July 21st. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $23.38.

DreamWorks Animation SKG, Inc (NYSE:DWA) is engaged in the development, production and exploitation of animated films and their associated characters in the worldwide theatrical, home entertainment, television, merchandising and licensing and other markets.

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