DreamWorks Shares Fall After Wider-than-expected Loss

MarketWatch Pulse

DreamWorks Animation SKG Inc. shares fell after the studio reported a wider-than-expected loss on the quarter. DreamWorks shares fell 6% to $24.50 on moderate volume. The company reported an adjusted first-quarter loss of 25 cents a share on revenue of $166.5 million. Analysts surveyed by FactSet had estimated a loss of 10 cents a share on revenue of $194.2 million. Including restructuring costs, DreamWorks said it lost 64 cents a share for the quarter.

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