DreamWorks Animation posts lower than expected earnings
Tue May 10, 2005 04:24 PM ET
LOS ANGELES, May 10 (Reuters) - DreamWorks Animation SKG Inc on Tuesday posted lower than expected earnings in a quarter dominated by box office revenues from "Shark Tale."
Glendale, California-based DreamWorks posted net earnings $46 million, or 44 cents a share, compared with a net loss of $25 million, or 33 cents a diluted share for the same period in 2004.
Analysts' polled by Reuters Estimates expected earnings of 57 cents a share for the latest first quarter.
Tue May 10, 2005 04:24 PM ET
LOS ANGELES, May 10 (Reuters) - DreamWorks Animation SKG Inc on Tuesday posted lower than expected earnings in a quarter dominated by box office revenues from "Shark Tale."
Glendale, California-based DreamWorks posted net earnings $46 million, or 44 cents a share, compared with a net loss of $25 million, or 33 cents a diluted share for the same period in 2004.
Analysts' polled by Reuters Estimates expected earnings of 57 cents a share for the latest first quarter.