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DreamWorks Animation Posts Q4 Loss Amid Massive Restructuring

Keep an eye on shares of DreamWorks Animation (DWA) in Wednesday's session.

Keep an eye on shares of DreamWorks Animation (DWA) in Wednesday's session. The struggling animation studio reported a fourth quarter loss after posting a profit a year ago. DreamWorks reported a quarterly loss that was significantly better compared to estimates, but revenue missed Wall Street expectations. The company's fourth quarter earnings were primarily driven by the under-performance of its movie, 'Penguins of Madagascar.' It had a disappointing domestic performance, which put a dent in the company's bottom line. DreamWorks is also undergoing a massive restructuring. Shares of DreamWorks have fallen more than 35% over the past year. TheStreet's Kurumi Fukushima reports in New York.