National CineMedia: Q3 Earnings Insights

National CineMedia NCMI reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

National CineMedia missed estimated earnings by 126.67%, reporting an EPS of $-0.34 versus an estimate of $-0.15.

Revenue was down $29.80 million from the same period last year.

Last quarter the company beat on EPS by $0.2 which was followed by a 7.3% drop in the share price the next day.

Here's a look at National CineMedia's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.9	-1.9	0.2	-1.2
EPS Actual	-0.7	-3.1	0.8	-1.3
Revenue Estimate	67.53M	63.66M	84.25M	54.20M
Revenue Actual	14.80M	34.90M	91.70M	54.50M

To track all earnings releases for National CineMedia visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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