National CineMedia Q3 Adj $(0.34) Misses $(0.15) Estimate, Sales $24.70M Miss $52.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
National CineMedia (NASDAQ:NCMI) reported Q3 losses of $(0.34) per share, missing the analyst consensus estimate of $(0.15) by 126.67%. The company also reported quarterly sales of $24.70 million, missing the analyst consensus estimate of $52.37 million by 52.84%. This represents a 73.85% increase in losses and a 54.68% decrease in sales compared to the same period last year.
November 07, 2023 | 10:02 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
National CineMedia's Q3 results missed analyst estimates, with a significant increase in losses and decrease in sales compared to last year.
National CineMedia's Q3 results significantly missed analyst estimates, with losses per share exceeding estimates by 126.67% and sales missing estimates by 52.84%. This poor financial performance, which includes a significant increase in losses and decrease in sales compared to the same period last year, is likely to negatively impact the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100