Lions Gate Entertainment Corporation (LGF) recently delivered lower-than-expected first quarter 2011 results, hurt by the fall in the top line and rise in theatrical marketing costs.

The company delivered a quarterly loss of 54 cents a share, reflecting a sharp drop from the earnings of 25 cents posted in the prior-year quarter. The year-ago quarter excludes a gain on extinguishment of debt. Analysts surveyed by Zacks had expected Lions Gate to earn 3 cents a share.