Lionsgate Studios Corp (NASDAQ: LION) saw its stock price surge 5.34% in pre-market trading, 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 improved profitability, including a 52% year-over-year increase in operating income. The company's adjusted OIBDA rose to its highest quarterly level in 12 years. Wall Street analysts maintain a "buy" rating on the shares with a median price target above the recent closing price.