National CineMedia (NCMI) Set to Announce Quarterly Earnings on Monday

National CineMedia (NASDAQ:NCMI) is set to post 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.Parties interested in registering for the company’s conference call can do so using this link.

National CineMedia (NASDAQ:NCMI) last released its quarterly 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 net margin of 426.68% and a negative return on equity of 22.42%. The firm had revenue of $90.90 million for the quarter, compared to the consensus estimate 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 Up 0.7 %

NCMI stock opened at $4.57 on Friday. The company has a 50-day moving average of $4.64 and a two-hundred day moving average of $4.27. The stock has a market capitalization of $443.40 million, a price-to-earnings ratio of 0.15 and a beta of 1.93. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.46 and a quick ratio of 2.46. National CineMedia has a 52-week low of $2.57 and a 52-week high of $5.75.

Analyst Upgrades and Downgrades

NCMI has been the subject of a number of research analyst reports. Wedbush upped their price objective on shares of National CineMedia from $4.50 to $5.50 and gave the company a “neutral” rating in a research report on Tuesday, March 19th. Benchmark reaffirmed a “speculative buy” rating and set a $6.00 price objective on shares of National CineMedia in a report on Wednesday, March 20th. StockNews.com raised shares of National CineMedia from a “sell” rating to a “hold” rating in a research note on Tuesday, April 16th. Finally, B. Riley raised shares of National CineMedia from a “neutral” rating to a “buy” rating and raised their price objective for the company from $4.50 to $6.75 in a research note on Tuesday, March 19th.

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.