-$0.16 EPS Expected for National CineMedia, Inc. (NASDAQ:NCMI) This Quarter

Analysts expect National CineMedia, Inc. (NASDAQ:NCMIGet Rating) to report ($0.16) earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for National CineMedia’s earnings, with the highest EPS estimate coming in at ($0.14) and the lowest estimate coming in at ($0.20). National CineMedia posted earnings of ($0.25) per share during the same quarter last year, which suggests a positive year over year growth rate of 36%. The firm is expected to report its next quarterly earnings results after the market closes on Monday, January 1st.

On average, analysts expect that National CineMedia will report full-year earnings of ($0.02) per share for the current year, with EPS estimates ranging from ($0.13) to $0.04. For the next financial year, analysts anticipate that the firm will report earnings of $0.25 per share, with EPS estimates ranging from $0.20 to $0.30. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover National CineMedia.

National CineMedia (NASDAQ:NCMIGet Rating) last issued its earnings results on Thursday, March 3rd. The business services provider reported ($0.05) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.01). The business had revenue of $63.50 million during the quarter, compared to analysts’ expectations of $64.68 million. The company’s quarterly revenue was up 304.5% on a year-over-year basis. During the same period last year, the firm posted ($0.62) earnings per share.

Several research analysts have recently issued reports on the company. B. Riley lowered their price objective on National CineMedia from $6.00 to $5.00 and set a “buy” rating for the company in a research note on Wednesday, April 13th. StockNews.com assumed coverage on National CineMedia in a research note on Thursday, March 31st. They issued a “sell” rating for the company. Finally, Zacks Investment Research raised National CineMedia from a “sell” rating to a “hold” rating in a research note on Wednesday, March 30th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $5.17.

In other National CineMedia news, CEO Thomas F. Lesinski sold 15,081 shares of the stock in a transaction that occurred on Monday, February 28th. The stock was sold at an average price of $2.97, for a total transaction of $44,790.57. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 3.10% of the company’s stock.

Several institutional investors have recently bought and sold shares of the business. Citigroup Inc. boosted its holdings in shares of National CineMedia by 81.0% during the 3rd quarter. Citigroup Inc. now owns 6,924 shares of the business services provider’s stock worth $25,000 after buying an additional 3,099 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of National CineMedia by 7.6% during the 2nd quarter. Wells Fargo & Company MN now owns 62,961 shares of the business services provider’s stock worth $319,000 after buying an additional 4,454 shares in the last quarter. Centaurus Financial Inc. boosted its holdings in shares of National CineMedia by 38.4% during the 3rd quarter. Centaurus Financial Inc. now owns 18,875 shares of the business services provider’s stock worth $67,000 after buying an additional 5,234 shares in the last quarter. Kalos Management Inc. lifted its holdings in shares of National CineMedia by 1.0% in the 4th quarter. Kalos Management Inc. now owns 753,023 shares of the business services provider’s stock worth $2,929,000 after purchasing an additional 7,455 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its holdings in shares of National CineMedia by 363.0% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 10,562 shares of the business services provider’s stock worth $38,000 after purchasing an additional 8,281 shares in the last quarter. Hedge funds and other institutional investors own 60.25% of the company’s stock.

Shares of NASDAQ NCMI opened at $2.21 on Thursday. The company has a market cap of $180.49 million, a price-to-earnings ratio of -3.62 and a beta of 1.39. National CineMedia has a 12 month low of $2.15 and a 12 month high of $5.37. The stock has a 50-day moving average price of $2.55 and a two-hundred day moving average price of $2.86.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of record on Thursday, March 17th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 9.05%. The ex-dividend date of this dividend was Wednesday, March 16th. National CineMedia’s dividend payout ratio is presently -32.79%.

About National CineMedia (Get Rating)

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 pre-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.

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Earnings History and Estimates for National CineMedia (NASDAQ:NCMI)

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