National Cinemedia Inc expected to post a loss of 7 cents a share - Earnings Preview

National CineMedia

03/05/2024 23:14

* National Cinemedia Inc  NCMI.OQ   NCMI.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 6 for
the period ending March 31 2024
    * The Centennial Colorado-based  company is expected to
report a
0.5% decrease in revenue to $34.733 million from $34.9 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on March 18 2024, for the
period ended March 31, was for revenue between $34.50 million
and $35.50 million.
    * ​LSEG's mean analyst estimate for National Cinemedia Inc
is for
a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.6%
in the last three months. ​
    * Wall Street's median 12-month price target for National
Cinemedia Inc is $6.00​, above​ its last closing price of $4.54.
​​​

The company's guidance on March 18 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 34.5 million and -6.5 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.08        0.09       0.24      Beat    182.4
 Sep. 30 2023  -0.10       -0.14      -0.34     Missed  -142.9
 Jan. 1 0001   -1.90       -0.95      -0.70     Beat    26.3​
 Mar. 31 2023  -1.70       0.40       -3.10     Missed  -72.2
 ​​Dec.                    0.40       1.30      Beat    225
 31 2022                                                
 Sep. 30 2022  -1.22       -1.20      -1.30     Missed  -8.3​
 Jun. 30 2022  -0.74       -0.70      -0.10     Beat    85.7
 Jan. 1 0001   -1.61       -1.63      -2.00     Missed  -22.5
 This summary was machine generated May 3 at 22:13 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)