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Lions Gate Disappoints With No 'Hunger Games', 'Divergent' Boost

Unlike its movies, Lions Gate's fourth quarter didn't live up to the hype. Shares of the production studio are dropping in post-market trading after its year-ending report disappointed Wall Street. The company behind "˜The Hunger Games" franchise earned 33 cents a share, below analysts' estimates for EPS of 40 cents. Meanwhile, revenue slid more than 8% to $722 million. However, the fourth quarter was sandwiched between the blockbuster releases of "Catching Fire" in November and "Divergent" in late March, meaning box-office profits and revenue were likely pushed to the either the previous third quarter or the current first, rather than the fourth.