Education
About Us
Working with TipRanks
Follow Us
Starz Entertainment Corp (STRZ)
NASDAQ:STRZ
Earnings Data
Report Date
May 21, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
-0.96Last Year’s EPS
-3.95Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly positive: Starz reported strong subscriber growth, exceeded its 2025 adjusted OIBDA target, showed significant sequential OIBDA improvement, and provided constructive 2026 guidance for positive free cash flow and continuing deleveraging. Strategic moves to increase owned content, international co-commissions (Sky), and expanded bundling/distribution partnerships underpin the growth and margin pathway. Key risks highlighted include ongoing linear declines, seasonal promotion-driven revenue pressure, prior cadence volatility as cash/content timing is normalized, modest cash on hand relative to debt, and reduced transparency from ceasing subscriber disclosures. Overall, the positive operational and financial progress and clear forward guidance outweigh the noted challenges.Company Guidance
Record OTT Subscriber Growth
OTT subscribers reached an all-time high of 12.7 million, up 7.6% year-over-year; added 370,000 domestic OTT subscribers in Q4 and grew total U.S. subscribers by 170,000 in the period (to 17.6 million).
Exceeded Full-Year Adjusted OIBDA Target
Delivered $204 million of adjusted OIBDA for 2025, exceeding the $200 million outlook by ~2%.
Quarterly Adjusted OIBDA and Revenue Momentum
Q4 adjusted OIBDA was $56 million, up over 100% sequentially (driven by lower programming amortization, lower ad/marketing spend and higher revenue); total revenue for the quarter was $323 million, up 60 basis points sequentially.
Clear 2026 Cash Flow and Leverage Guidance
Management expects 2026 unlevered free cash flow of $80 million to $120 million (positive equity free cash flow for the year) and to exit 2026 with ~2.7x leverage (improving from 2.9x at year-end 2025).
Progress on De-aging and Ownership of Content
Greenlit and completed production on first wholly owned series Fightland (co-commissioned with Sky), greenlit Power Origins (18-episode order), launched Outlander prequel Blood of My Blood — moves intended to increase owned slate and future margin/royalty upside.
Strategic Distribution & Bundling Momentum
Restructured Canadian business into licensing revenue; expanding bundling and distribution partnerships (management cites bundles as expanding TAM, driving net new additions, revenue accretion and better retention).
Programming Success Driving Engagement
Strong creative performance: Spartacus revival received critical acclaim and Power Book IV: Force Season 3 delivered 57% in-season viewership growth, fueling subscriber adds and engagement.
STRZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
STRZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $9.58 | $11.00 | +14.82% |
Feb 26, 2026 | $9.58 | $11.00 | +14.82% |
Feb 05, 2026 | $9.01 | $8.65 | -4.00% |
Nov 13, 2025 | $10.79 | $10.11 | -6.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Starz Entertainment Corp (STRZ) report earnings?
Starz Entertainment Corp (STRZ) is schdueled to report earning on May 21, 2026, After Close (Confirmed).
What is Starz Entertainment Corp (STRZ) earnings time?
Starz Entertainment Corp (STRZ) earnings time is at May 21, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is STRZ EPS forecast?
STRZ EPS forecast for the fiscal quarter 2026 (Q4) is -0.96.