National Cinemedia Inc reports results for the quarter ended June 30 - Earnings Summary

• National Cinemedia Inc NCMI.OQ reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of four analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -11 cents to -9 cents per share.

• Revenue fell 5.3% to $51.80 million from a year ago; analysts expected $55.09 million.

• National Cinemedia Inc's reported EPS for the quarter was a loss of 11 cents​.

• The company reported a quarterly loss of $10.7 million.

• National Cinemedia Inc shares had fallen by 2.0% this quarter and lost 28.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 156.2% 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 "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the advertising & marketing peer group is also "buy"

• Wall Street's median 12-month price target for National Cinemedia Inc is $7.00, about 32.1% above its last closing price of $4.75

This summary was machine generated from LSEG data August 5 at 09:02 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)