21.02.2014 13:43:41

Starz Q4 Operating Profit Up - Quick Facts

(RTTNews) - Starz (STRZA, STRZB) said its fourth-quarter 2013 operating income grew 21% to $103.4 million, from $85.6 million reported a year back.

On the other hand, revenue for the quarter totaled $414.7 million, down 2%, compared with the prior year's $422.2 million.

On average, 10 analysts polled by Thomson Reuters expected the company to report profit per share of $0.45, on revenue of $430.02 million for the quarter. Analysts' estimates typically exclude special items.

For the quarter, Starz Networks' revenue increased 2% year-on-year to $322.0 million, from $315.8 million, mainly as a result of annual rate increases from various distributors.

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