Lions Gate profit boosted by "Hunger Games", "Now You See Me"
Feb 6 (Reuters) - Film distributor Lions Gate Entertainment Corp reported a better-than-expected rise in quarterly earnings due to the success of "The Hunger Games: Catching Fire", "Escape Plan" and "Now You See Me".
Third-quarter earnings more than doubled to $88.8 million, or 59 cents per share, from $37.8 million, or 27 cents per share, a year earlier.
Excluding items, the company earned 64 cents per share in the three months ended Dec. 31.
Revenue jumped 13 percent to $839.9 million.
Analysts had expected Lions Gate to earn 44 cents per share on revenue of $834 million, according to Thomson Reuters I/B/E/S.
- Qatar adamant it will host 2022 World Cup despite doubts
- Argentina's Fernandez to meet billionaire investor Soros in New York
- New Jersey hiker killed by black bear : police
- Islamic State urges attacks on U.S., French citizens, taunts Obama
- Housing data hits Wall Street; S&P has worst day since August 5