The chart below shows how LION performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LION sees a +0.60% change in stock price 10 days leading up to the earnings, and a +6.85% change 10 days following the report. On the earnings day itself, the stock moves by +0.35%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Strong Financial Performance: Lionsgate's consolidated revenue for the third quarter reached $971 million, with adjusted OIBDA of $144 million, indicating strong financial performance despite market challenges.
Motion Picture Profitability Rebound: The motion picture group generated $309 million in revenue and $84 million in segment profit, demonstrating a rebound in profitability from mid-budget films.
Television Revenue Surge: Television revenue surged by 63% year over year to $405 million, with segment profit increasing significantly to $61 million, reflecting strong growth in episodic deliveries post-strike.
Subscriber Growth Trend: Starz achieved a sequential growth of 170,000 OTT subscribers, bringing the total to 12.6 million, indicating a positive trend in subscriber acquisition.
Library Revenue Surge: The library revenue reached a record $954 million in trailing twelve months, marking a 22% increase compared to the previous year's Q3, showcasing the strength of Lionsgate's content library.
Negative
Earnings Per Share Decline: Reported fully diluted earnings per share was a loss of $0.09 per share, indicating a decline in profitability compared to the previous year.
Operating Cash Flow Challenges: Net cash flow used in operating activities was $119,000,000, reflecting significant cash outflow and operational challenges during the quarter.
Media Networks Revenue Decline: Media Networks quarterly revenue was $345,000,000, down year over year due to the exit from substantially all of the international markets, indicating a contraction in revenue streams.
North American Segment Profit Decline: North American segment profit of $26,000,000 was down year over year, reflecting higher content amortization and increased film output, which negatively impacted profitability.
Subscriber Decline Challenges: Starz ended the quarter with a modest sequential decrease in total North American subscribers, reflecting continued linear pressure and challenges in subscriber retention.
Earnings call transcript: Lionsgate Q4 2024 beats EPS, stock rises
LION.O
-1.06%