National CineMedia: Q3 Earnings Snapshot

Associated Press Finance
2024-11-05

CENTENNIAL, Colo. (AP) — CENTENNIAL, Colo. (AP) — National CineMedia Inc. (NCMI) on Tuesday reported a loss of $3.6 million in its third quarter.

The Centennial, Colorado-based company said it had a loss of 4 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The theater advertising company posted revenue of $62.4 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $58.2 million.

For the current quarter ending in December, National CineMedia said it expects revenue in the range of $82 million to $86 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NCMI at https://www.zacks.com/ap/NCMI

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