National Cinemedia Inc expected to post a loss of 3 cents a share - Earnings Preview

National CineMedia

02/11/2024 02:19

* National Cinemedia Inc  NCMI.OQ   NCMI.O  is expected
to show a
rise in quarterly revenue when it reports  results on November 5
for the period ending September 30 2024
    * The Centennial Colorado-based  company is expected to
report a
134.9% increase in revenue to $58.025 million from $24.7 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on August 5 2024, for
the period ended September 30, was for revenue between $56.00
million and $58.00 million.
    * ​LSEG's mean analyst estimate for National Cinemedia Inc
is for
a loss of 3 cents per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for National
Cinemedia Inc is $7.75​, above​ its last closing price of $7.17.
​​​

The company's guidance on August 5 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD56 million and USD8
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.08       -0.08      -0.09     Missed  -17.4
 Mar. 31 2024  -0.07       -0.07      -0.36     Missed  -380
 Dec. 31 2023  0.08        0.09       0.24      Beat    182.4​
 Sep. 30 2023  -0.10       -0.14      -0.34     Missed  -142.9
 ​​Jun.        -1.90       -0.95      -0.70     Beat    26.3
 30 2023                                                
 Mar. 31 2023  -1.70       -1.80      -3.10     Missed  -72.2​
 Dec. 31 2022              0.40       1.30      Beat    225
 Jan. 1 0001   -1.22       -1.20      -1.30     Missed  -8.3
 This summary was machine generated November 2 at 02:19 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)