Lions Gate Entertainment Co. Class A Voting Shares (NASDAQ:LGF.A) posted its quarterly earnings results on Tuesday. The company reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.22, Briefing.com reports. The business had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $996.07 million. The business’s quarterly revenue was up 81.6% compared to the same quarter last year.

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Several research analysts have recently weighed in on the company. Cowen and Company restated a “hold” rating and issued a $25.00 price target on shares of Lions Gate Entertainment Co. Class A Voting Shares in a research note on Friday, July 28th. B. Riley reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Lions Gate Entertainment Co. Class A Voting Shares in a report on Sunday, June 4th. Zacks Investment Research raised Lions Gate Entertainment Co. Class A Voting Shares from a “sell” rating to a “hold” rating in a report on Thursday, July 27th. Rosenblatt Securities reaffirmed a “buy” rating on shares of Lions Gate Entertainment Co. Class A Voting Shares in a report on Tuesday, July 4th. Finally, Piper Jaffray Companies set a $35.00 price objective on Lions Gate Entertainment Co. Class A Voting Shares and gave the stock a “buy” rating in a report on Thursday, July 27th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Lions Gate Entertainment Co. Class A Voting Shares presently has an average rating of “Buy” and a consensus price target of $32.00.

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