Lions Gate Entertainment Corp. (USA) (NYSE:LGF)
CAPS Rating:
The Company is a diversified independent producer and distributor of motion pictures, television programming, home entertainment, family entertainment, video-on-demand and music content.
RSS Headlines
Fool UK
Recs
Throw out any forward analytical research on this company. A chimp would have as good a chance of projecting earnings as an analyst. In fact, the last 7 quarters' estimates of reported earnings have been comical. In the last three quarters analysts projected profits, when in fact the company reported losses. (Marketing, baby......) So much for management guiding analyst forecasts. The best way to view this company's future is by long term past performance of the stock. Every time the stock exceeds $10 it ultimately returns to single digits. If you think this time is different, double check with that chimp before you make the plunge.