NEW YORK (TheStreet) -- Lions Gate Entertainment (LGF) stock is increasing 1.17% to $19.82 in afternoon trading on Tuesday ahead of the entertainment company's fiscal 2016 fourth quarter financial report, due out after the closing bell on Wednesday.
The Santa Monica, CA-based film maker is expected to deliver a year-over-year decline in earnings per share but an increase in revenue.
Analysts surveyed by Thomson Reuters are expecting a loss of 1 cent per share on revenue of $740.67 million for the latest quarter.
Last year, the company reported earnings of 14 cents per share on revenue of $646.08 million for the fiscal 2015 fourth quarter.
Pacific Crest analysts estimate revenue could be as low as $729 million for the latest quarter because of weak box office sales from "The Divergent Series: Allegiant" after the film's premiere in March.
Lions Gate Entertainment is still an attractive investment in the long term because the company does not own U.S. cable or broadcast assets, Pacific Crest analysts added in a note released on Monday.
Separately, Lions Gate Entertainment has a "hold" rating and a letter grade of C at TheStreet Ratings because of the company' good cash flow from operations and expanding profit margins., which offsets disappointing stock performance, deteriorating net income and generally higher debt management risk.
You can view the full analysis from the report here: LGF
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.