Lionsgate Reports Q3 Adjusted EPS of $0.28, $970.50M Sales, Driven by 'Best Christmas Pageant Ever'

Lionsgate reported a narrower quarterly loss, aided by strong performance in its film and television library revenue. For the third quarter, the company posted an adjusted earnings per share (EPS) of $0.28, surpassing analyst estimates by $0.03. Sales reached $970.5 million, exceeding projections of $678 million. The success of the holiday film 'Best Christmas Pageant Ever' contributed to the earnings beat, alongside record library revenue, which helped drive overall performance.