Lionsgate (LGF.A) Q3 Earnings Beat Estimates, Revenues Down Y/Y

Lionsgate LGF.A reported third-quarter fiscal 2021 adjusted earnings of 21 cents per share that beat the Zacks Consensus Estimate by 23.5% and surged 50% year over year.However, revenues decreased 16.2% year over year to $836.4 million but beat the consensus mark by 7.9%.Lionsgate LGF.A reported third-quarter fiscal 2021 adjusted earnings of 21 cents per share that beat the Zacks Consensus Estimate by 23.5% and surged 50% year over year.However, revenues decreased 16.2% year over year to $836.4 million but beat the consensus mark by 7.9%.Read MoreStocks,InvestingStocks Feed