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.

Earnings

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.

Past Earnings Performance

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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