National CineMedia (NASDAQ: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.
