National CineMedia Inc (NCMI, Financial) is set to release its Q3 2024 earnings on Nov 5, 2024. The consensus estimate for Q3 2024 revenue is $58.03 million, and the earnings are expected to come in at -$0.03 per share. The full year 2024's revenue is expected to be $240.55 million and the earnings are expected to be -$0.22 per share. More detailed estimate data can be found on the Forecast page.
National CineMedia Inc (NCMI, Financial) Estimates Trends
Over the past 90 days, revenue estimates for National CineMedia Inc (NCMI) for the full year 2024 have increased from $237.83 million to $240.55 million, and for 2025, the estimates have risen from $282.22 million to $283.08 million. Conversely, earnings estimates have declined for 2024 from -$0.15 per share to -$0.22 per share, and for 2025, earnings estimates have decreased from $0.29 per share to $0.27 per share.
National CineMedia Inc (NCMI, Financial) Reported History
In the previous quarter of June 30, 2024, National CineMedia Inc's (NCMI) actual revenue was $54.70 million, which beat analysts' revenue expectations of $49.40 million by 10.73%. National CineMedia Inc's (NCMI) actual earnings were -$0.09 per share, which missed analysts' earnings expectations of -$0.077 per share by -16.88%. After releasing the results, National CineMedia Inc (NCMI) was up by 19.13% in one day.
National CineMedia Inc (NCMI, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 4 analysts, the average target price for National CineMedia Inc (NCMI) is $7.50 with a high estimate of $8.50 and a low estimate of $6.00. The average target implies an upside of 4.6% from the current price of $7.17.
Based on GuruFocus estimates, the estimated GF Value for National CineMedia Inc (NCMI, Financial) in one year is $1.54, suggesting a downside of -78.52% from the current price of $7.17.
Based on the consensus recommendation from 4 brokerage firms, National CineMedia Inc's (NCMI, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
