Lionsgate Entertainment's Q3: Hollywood Is a Challenging Game

Filed under: Earnings Reports, Lions Gate Entertainment (LGF)

Lionsgate Entertainment (LGF) posted results for the fiscal third quarter earlier in the week. I would like to be bullish on the numbers, but I realize such emotion isn't in the cards after reading through the press release.

Maybe I should be at least a little considerate about the Q3 loss of 4 cents per share; last year at this time, the loss was 55 cents per share. Problem is, the loss for the nine-month period is 77 cents per share versus a profit of 2 cents per share in the comparable frame. Perhaps I should just focus on the quarter, but I couldn't help noticing what was going on over the longer term. Besides, who wants to see red ink, especially when, according to TheFly, execs couldn't beat Wall Street's expectations?

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Lionsgate Entertainment's Q3: Hollywood Is a Challenging Game originally appeared on BloggingStocks on Sat, 12 Feb 2011 09:20:00 EST. Please see our terms for use of feeds.

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