Skydance Corporation reports results for the quarter ended September 30 - Earnings Summary

• Skydance Corporation SKYD.N reported quarterly adjusted earnings of 45 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of twenty two analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -26 cents to 16 cents per share.

• Revenue rose 4.8% to $7.03 billion from a year ago; analysts expected $15.95 billion.

• Skydance Corporation's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $73 million.

• Skydance Corporation shares had risen by 2.7% this quarter and lost 20.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 129.1% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 12 "hold" and 9 "sell" or "strong sell." The average consensus recommendation for the entertainment production peer group is "buy."

• Wall Street's median 12-month price target for Skydance Corporation is $8.50, about 2.4% below its last closing price of $8.70

This summary was machine generated from LSEG data November 10 at 01:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)