Lionsgate Studios Corp (LION) saw its stock price surge 5.21% in the after-hours session following the release of its fiscal fourth-quarter 2026 financial results.

The entertainment company reported adjusted earnings of $0.37 per share, significantly beating the analyst consensus estimate of $0.24 by 54.17%. Quarterly revenue reached $906.5 million, also surpassing expectations of $810.144 million by 11.89%.

The strong performance was driven by a 52% year-over-year increase in operating income to $117.5 million, with motion picture revenue climbing 23% to $651.9 million. The company's adjusted OIBDA rose to $165.4 million, marking the highest quarterly level in 12 years.