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Lionsgate Entertainment (LGF.A - Free Report) reported fourth-quarter fiscal 2019 adjusted earnings of 11 cents per share, which missed the Zacks Consensus Estimate of 18 cents and plunged 56% from the year-ago quarter.
Revenues declined 12.2% year over year to $913.7 million and lagged the Zacks Consensus Estimate of $939 million. Decline in Motion Picture and Television Production revenues negatively impacted the top line.
Lions Gate Entertainment Corp. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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