National Cinemedia Inc reports results for the quarter ended in January 1 - Earnings Summary

National CineMedia

06/11/2024 04:37

* National Cinemedia Inc  NCMI.OQ  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended January 1,
higher than the same quarter last year, when the company
reported EPS of -34 cents.  The mean expectation of
three analysts for the quarter was for a loss of 3 cents per
share. Wall Street expected results to range from -7 cents to 4
cents per share.
    * Revenue rose 152.6% to $62.40 million from a year ago;
analysts
expected $58.03 million. 
    * National Cinemedia Inc's reported EPS for the quarter was
a loss
of 4 cents​.
    * The company reported a quarterly loss of $3.6 million.
    * National Cinemedia Inc shares had risen by 1.0% this
quarter and
gained 72.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 11.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advertising &
marketing peer group is also "buy"

Wall Street's median 12-month price target for National
Cinemedia Inc is 7.75 
This summary was machine generated from LSEG data November 6 at
04:37 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.03          -0.04          Missed
 Jun. 30 2024      -0.08          -0.09          Missed
 Mar. 31 2024      -0.07          -0.36          Missed
 Dec. 31 2023      0.09           0.24           Beat