National Cinemedia Inc reports results for the quarter ended March 31 - Earnings Summary

• National Cinemedia Inc NCMI.OQ reported a quarterly adjusted loss of 32 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -36 cents. The mean expectation of three analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -24 cents to -15 cents per share.

• Revenue fell 6.7% to $34.90 million from a year ago; analysts expected $34.55 million.

• National Cinemedia Inc's reported EPS for the quarter was a loss of 32 cents​.

• The company reported a quarterly loss of $30.7 million.

• National Cinemedia Inc shares had fallen by 3.9% this quarter and lost 15.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 44.2% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the advertising & marketing peer group is "buy."

• Wall Street's median 12-month price target for National Cinemedia Inc is $7.50

This summary was machine generated from LSEG data May 6 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)