Stock Track | Lionsgate Studios Soars 8.42% After Hours as Q3 Earnings Beat Estimates

Stock Track

Feb 07, 2025

Shares of Lionsgate Studios Corp (NASDAQ: LION) surged 8.42% in after-hours trading on Thursday following the release of the company's fiscal third-quarter results. The stock jump extended the regular session's gains.

For the quarter ended December 31, 2024, Lionsgate reported revenue of $970.5 million, beating analysts' average estimate of $968.3 million. Adjusted earnings per share came in at $0.28, significantly higher than the consensus estimate of $0.03 per share. The strong earnings beat appears to be the primary catalyst driving Lionsgate's sharp after-hours stock rally.

Lionsgate Studios is a leading global entertainment company focused on motion picture production and distribution. Its film franchises include The Hunger Games, John Wick, and Knives Out, among others. The company also has a television business producing shows like Outlander, American Horror Story, and The Continental.

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The company also has a television business producing shows like Outlander, American Horror Story, and The Continental.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LION","symbol_name":"LIONSGATE STUDIOS CORP","start_time":0,"source_url":"","article_id":"1132072974","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132072974","pubTimestamp":1738877550,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Lionsgate Studios Corp  surged 8.42% in after-hours trading on Thursday following the release of the company's fiscal third-quarter results. 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