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

National CineMedia

18/03/2024 21:02

* National Cinemedia Inc  NCMI.OQ  reported quarterly
adjusted
earnings of 24 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of $1.30.  The mean expectation of
three analysts for the quarter was for earnings of 9 cents per
share. Wall Street expected results to range from 1 cents to 16
cents per share.
    * Revenue fell 0.9% to $90.90 million from a year ago;
analysts
expected $81.10 million. 
    * National Cinemedia Inc's reported EPS for the quarter was
24
cents​.
    * The company reported quarterly net income of $23.7
million.
    * National Cinemedia Inc shares had risen by 2.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 19%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the advertising &
marketing peer group is also "hold"

Wall Street's median 12-month price target for National
Cinemedia Inc is $4.50 
This summary was machine generated from LSEG data March 18 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
 Dec. 31 2023      0.09           0.24           Beat
 Sep. 30 2023      -0.14          -0.34          Missed
 Jun. 30 2023      -0.95          -0.70          Beat
 Mar. 31 2023      -1.80          -3.10          Missed