National CineMedia (NCMI) to Release Quarterly Earnings on Monday

National CineMedia (NASDAQ:NCMI) is scheduled to be posting its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect National CineMedia to post earnings of ($0.12) per share for the quarter. National CineMedia has set its Q1 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

National CineMedia (NASDAQ:NCMI) last issued its earnings results on Monday, March 18th. The business services provider reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). National CineMedia had a negative return on equity of 22.42% and a net margin of 426.68%. The firm had revenue of $90.90 million during the quarter, compared to analyst estimates of $77.25 million. On average, analysts expect National CineMedia to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

National CineMedia Stock Performance

Shares of NCMI stock opened at $4.57 on Friday. The business’s 50-day moving average price is $4.65 and its 200-day moving average price is $4.27. National CineMedia has a 12 month low of $2.57 and a 12 month high of $5.75. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $443.43 million, a price-to-earnings ratio of 0.15 and a beta of 1.93.

Analyst Upgrades and Downgrades

A number of research firms have commented on NCMI. Wedbush upped their price target on National CineMedia from $4.50 to $5.50 and gave the company a “neutral” rating in a research report on Tuesday, March 19th. B. Riley raised shares of National CineMedia from a “neutral” rating to a “buy” rating and increased their target price for the company from $4.50 to $6.75 in a research report on Tuesday, March 19th. Benchmark restated a “speculative buy” rating and issued a $6.00 price target on shares of National CineMedia in a research report on Wednesday, March 20th. Finally, StockNews.com upgraded shares of National CineMedia from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th.

National CineMedia Company Profile

National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.