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

National CineMedia

06/05/2024 22:02

* National Cinemedia Inc  NCMI.OQ  reported a quarterly
adjusted
loss of 36 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of $-3.10.  The mean expectation of three analysts
for the quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -12 cents to -3 cents per share.
    * Revenue rose 7.2% to $37.40 million from a year ago;
analysts
expected $34.73 million. 
    * National Cinemedia Inc's reported EPS for the quarter was
a loss
of 36 cents​.
    * National Cinemedia Inc shares had fallen by 11.3% this
quarter and gained 10.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 50% 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 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advertising &
marketing peer group is  "hold."

Wall Street's median 12-month price target for National
Cinemedia Inc is $6.00 
This summary was machine generated from LSEG data May 6 at 09:01
p.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
 Mar. 31 2024      -0.07          -0.36          Missed
 Dec. 31 2023      0.09           0.24           Beat
 Sep. 30 2023      -0.14          -0.34          Missed
 Jun. 30 2023      -0.95          -0.70          Beat