Earnings Outlook For National CineMedia
Portfolio Pulse from Benzinga Insights
National CineMedia (NASDAQ:NCMI) is scheduled to release its quarterly earnings report on March 18, 2024, with analysts expecting an EPS of $0.09. The company's past earnings performance shows mixed results, with the last quarter missing EPS estimates by $0.19 but resulting in an 11.83% share price increase the following day. Over the last year, NCMI shares have surged 227.6%, indicating a positive outlook from long-term shareholders. Investors will be keenly watching for both the earnings outcome and the company's future guidance.
March 15, 2024 | 3:01 pm
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National CineMedia is expected to report an EPS of $0.09 for the upcoming quarter. The company's past earnings have shown volatility, but shares have significantly appreciated over the last year.
Given NCMI's significant share price increase over the past year and the mixed results in past earnings, the upcoming earnings report and future guidance will be crucial. Positive guidance could further boost investor confidence, potentially leading to an increase in stock price, especially considering the historical positive reaction to past earnings announcements.
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