National CineMedia, Inc. (NASDAQ:NCMI) is reporting second quarter financial results on Monday 3rd August 2020, after market close.
According to analysts surveyed by Thomson Reuters, NCMI is expected to report 2Q20 loss of $ 0.16 per share from revenue of $ 2.67 million.
For the full year, analysts anticipate top line of $ 179.42 million, while looking forward to loss of $ 0.3 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 450.00 million ~ $ 465.00 million
Click Here For More Historical Outlooks Of National CineMedia, Inc.
Previous Quarter Performance
National CineMedia, Inc. unveiled loss for the first quarter of $ 0.05 per share, from the revenue of $ 64.70 million. The quarterly revenues shrunk 15.86 percent compared with the same quarter last year. Wall street analysts are predicting, NCMI to report 1Q20 loss of $ 0.03 per share from revenue of $ 70.52 million. The bottom line results missed street analysts by $ 0.02 or 66.67 percent, at the same time, top line results fell short of analysts by $ 5.82 million or 8.25 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of NCMI was $ 2.47, representing a 52.47 % increase from the 52 week low of $ 1.62 and a 74.92 % decrease over the 52 week high of $ 9.85.
The company has a market capital of $ 196.68 million and is part of the Consumer Cyclical sector and Marketing Services industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.07 per share on May 5, 2020. The dividend were payable on June 1, 2020 to holders of record as of the close of business on May 18, 2020 and ex-dividend date on May 15, 2020.
Conference Call
National CineMedia, Inc. will be hosting a conference call at 5:00 PM eastern time on 3rd August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ncm.com
National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates a digital in-theater network in North America. The company 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. It is also involved in the sale of online and mobile advertising across its Noovie digital products, as well as through its Cinema Accelerator digital product to reach entertainment audiences beyond the theater.
