National Cinemedia Inc expected to post a loss of 8 cents a share - Earnings Preview

National CineMedia

03/08/2024 02:37

* National Cinemedia Inc  NCMI.OQ   NCMI.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 5
for the period ending June 30 2024
    * The Centennial Colorado-based  company is expected to
report a
23.3% decrease in revenue to $49.4 million from $64.4 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on May 6 2024, for the
period ended June 30, was for revenue between $49.50 million and
$51.50 million.
    * ​LSEG's mean analyst estimate for National Cinemedia Inc
is for
a loss of 8 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 was unchanged 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 $5.66.
​​​

The company's guidance on May 6 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD49.5 million and USD4.5 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  
 Mar. 31 2024  -0.07       -0.07      -0.36     Missed  -380
 Dec. 31 2024  0.08        0.09       0.24      Beat    182.4
 Sep. 30 2023  -0.10       -0.14      -0.34     Missed  -142.9
                                                        ​
 Jun. 30 2023  -1.90       -0.95      -0.70     Beat    26.3
 ​​Mar.        -1.70       -1.80      -3.10     Missed  -72.2
 31 2023                                                
 Dec. 31 2022              0.40       1.30      Beat    225​
 Sep. 30 2022  -1.22       -1.20      -1.30     Missed  -8.3
 Jun. 30 2022  -0.74       -0.70      -0.10     Beat    85.7
 This summary was machine generated August 3 at 01:37 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)