Lions Gate Roars Higher on Earnings, Revenue Beat
November 08, 2012 at 16:17 PM EST
Lions Gate Entertainment (LGF) jumped more than 9% shortly after reporting better than expected tird quarter earnings and revenue. LGF posted 56 cents of EPS, against expectations for 10 cents. Reevenue of $707 million nearly doubled from a year ago, as the company sold DVD’s of its hit movie Hunger Games. The results beat expectations [...]