Lions Gate Entertainment Posts Q1 Profit - Quick Facts

(RTTNews) - Lions Gate Entertainment Corp. (LGF) Thursday reported first-quarter profit of $13.6 million or $0.10 per share, compared to a loss of $44.2 million or $0.33 per share in the same period last year.

Adjusted earnings for the quarter was $25.1 million or $0.18 per share. On average, nine analysts polled by Thomson Reuters expected the company to earn $0.08 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 21 percent to $569.7 million from $471.8 million last year. Analysts expected revenues of $522.95 million.