National Cinemedia Inc expected to post earnings of 9 cents a share - Earnings Preview

National CineMedia

15/03/2024 20:57

* National Cinemedia Inc  NCMI.OQ   NCMI.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 18
for the period ending December 31 2023
    * The Centennial Colorado-based  company is expected to
report a
11.6% decrease in revenue to $81.1 million from $91.7 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on November 7 2023, for the
period ended December 31, was for revenue between $85.00 million
and $88.00 million.
    * ​LSEG's mean analyst estimate for National Cinemedia Inc
is for
earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $4.50​, above​ its last closing price of $4.08.
​​​

The company's guidance on November 7 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD85 million and USD33
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  
 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. 31 2023  -1.70       -1.80      -3.10     Missed  -72.2​
 Dec. 31 2022              0.40       1.30      Beat    225
 ​​Sep.        -1.22       -1.20      -1.30     Missed  -8.3
 30 2022                                                
 Jun. 30 2022  -0.74       -0.70      -0.10     Beat    85.7​
 Mar. 31 2022  -1.61       -1.63      -2.00     Missed  -22.5
 Dec. 31 2021  -0.43       -0.40      -0.50     Missed  -25
 This summary was machine generated March 15 at 20:57 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)