DreamWorks Animation Skg Inc (DWA) stock was up following its Q4 earnings report.
Dreamworks Animation reported earnings per share of 55 cents for the fourth quarter of 2015. This is up from the 75 cent loss that it reported during the same time last year. It also blew past Wall Street’s EPS estimate, which were set at 16 cents.
Dreamworks Animation’s reported revenue for Q4 2015 came in at $319.3 million. This is better than the $234.2 million that it reported during Q4 2014. It also surpassed analysts’ estimate of $274.0 million.
Dreamworks Animation reported revenue of $146.4 million from its feature film segment during Q4 2015, which is up from the $131.3 million reported during the same time last year. Gross profit from this segment increased to $63.5 million from a $152.2 million loss in Q4 2014.
DWA shares were up 16% as of Wednesday morning.
More From InvestorPlace:
