New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 21, 2014
13:44 EDTLGFLionsgate slides ahead of 'Divergent' opening weekend
Shares of entertainment company Lionsgate Entertainment (LGF) are sliding ahead of the wide release of the company's latest film, "Divergent," in U.S. theaters. WHAT'S NEW: Lionsgate's "Divergent," which is the first film in what the company hopes will be its next blockbuster teen movie franchise, is set to debut this weekend. Lionsgate has previously had success with the "Twilight" series of films and the first two movies in "The Hunger Games" trilogy. A report from online entertainment magazine Variety projects the film's domestic opening grosses to be "in the same realm" as the first "Twilight" film, which opened at $69M. Variety believes "Divergent" will earn over $60M this weekend. However, The Los Angeles Times gave a more cautious estimate this morning, predicting that the film could gross $55M or more in ticket sales throughout the U.S. and Canada. WHAT'S NOTABLE: In a note to investors yesterday, Stifel analyst Benjamin Mogil predicted that revenue from “Divergent” would exceed the amount implied by the company's guidance. Mogil expects the film to generate $175M in revenue and said if Lionsgate obtains $140M or more from the movie, that the company will likely increase its 2013-2015 outlook. PRICE ACTION: During afternoon trading, shares of Lions Gate fell by $1.60 or 5.34% to $28.35.
News For LGF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 22, 2015
10:03 EDTLGFHigh option volume stocks
High option volume stocks: HBB RENN ONTY LGF JMEI DK JO INTU TFM
May 21, 2015
16:02 EDTLGFLionsgate reports Q4 adjusted EPS 41c, consensus 32c
Subscribe for More Information
15:01 EDTLGFNotable companies reporting after market close
Subscribe for More Information
May 20, 2015
10:00 EDTLGFOn The Fly: Analyst Initiation Summary
Subscribe for More Information
05:44 EDTLGFLionsgate initiated with a Buy at Jefferies
Subscribe for More Information
May 15, 2015
10:55 EDTLGFJANA Partners gives quarterly update on stakes
Subscribe for More Information
May 13, 2015
07:10 EDTLGFB. Riley to hold a conference
Subscribe for More Information
May 11, 2015
11:03 EDTLGFLionsgate, Google Play partner on 'The Mad Men Experience'
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use