Lions Gate Entertainment (LGF.A Quick QuoteLGF.A - Free Report) reported $834.7 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 8.1%. EPS of $0.09 for the same period compares to -$0.04 a year ago.

The reported revenue represents a surprise of +0.67% over the Zacks Consensus Estimate of $829.14 million. With the consensus EPS estimate being $0.03, the EPS surprise was +200.00%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Lions Gate performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues- Intersegment eliminations

  : -$103.80 million compared to the -$124.08 million average estimate based on three analysts. The reported number represents a change of +6.5% year over year.

• Revenues- Media Networks

  : $350.10 million compared to the $363.02 million average estimate based on three analysts. The reported number represents a change of -8.1% year over year.

• Revenues- Studio Business- Television Production

  : $241.10 million versus the three-analyst average estimate of $282.49 million. The reported number represents a year-over-year change of +10.3%.

• Revenues- Studio Business- Motion Picture

  : $347.30 million compared to the $337.64 million average estimate based on three analysts. The reported number represents a change of -14.6% year over year.

• Segment profit- Motion Pictures

  : $86.10 million versus $56.60 million estimated by three analysts on average.

• Segment profit- Television Production

  : $10.70 million compared to the $29.43 million average estimate based on three analysts.

• Segment profit- Corporate general and administrative expenses

  : -$33.30 million versus the three-analyst average estimate of -$36.30 million.

• Segment profit- Intersegment eliminations

  : -$11.30 million versus -$11.37 million estimated by three analysts on average.

• Segment profit- Media Networks

  : $57.50 million compared to the $48 million average estimate based on three analysts.

View all Key Company Metrics for Lions Gate here>>>

Shares of Lions Gate have returned -2.8% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.