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Here's What Key Metrics Tell Us About National CineMedia (NCMI) Q2 Earnings
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National CineMedia (NCMI - Free Report) reported $54.7 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 269.6%. EPS of -$0.09 for the same period compares to -$0.70 a year ago.
The reported revenue represents a surprise of +9.69% over the Zacks Consensus Estimate of $49.87 million. With the consensus EPS estimate being -$0.08, the EPS surprise was -12.50%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how National CineMedia performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Local and regional advertising revenue
: $9.80 million compared to the $9.45 million average estimate based on two analysts.
Revenue- National advertising revenue
: $41.70 million compared to the $36.85 million average estimate based on two analysts.
Revenue- ESA advertising revenue from beverage concessionaire agreements
: $3.20 million versus the two-analyst average estimate of $3.55 million.
Revenue- Total advertising revenue (excluding beverage)
: $54.70 million compared to the $46.35 million average estimate based on two analysts.
Shares of National CineMedia have returned +27.5% over the past month versus the Zacks S&P 500 composite's -2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About National CineMedia (NCMI) Q2 Earnings
National CineMedia (NCMI - Free Report) reported $54.7 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 269.6%. EPS of -$0.09 for the same period compares to -$0.70 a year ago.
The reported revenue represents a surprise of +9.69% over the Zacks Consensus Estimate of $49.87 million. With the consensus EPS estimate being -$0.08, the EPS surprise was -12.50%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how National CineMedia performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for National CineMedia here>>>Revenue- Local and regional advertising revenue
: $9.80 million compared to the $9.45 million average estimate based on two analysts.Revenue- National advertising revenue
: $41.70 million compared to the $36.85 million average estimate based on two analysts.Revenue- ESA advertising revenue from beverage concessionaire agreements
: $3.20 million versus the two-analyst average estimate of $3.55 million.Revenue- Total advertising revenue (excluding beverage)
: $54.70 million compared to the $46.35 million average estimate based on two analysts.Shares of National CineMedia have returned +27.5% over the past month versus the Zacks S&P 500 composite's -2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.