Related topics

National CineMedia: 2Q Earnings Snapshot

August 6, 2018

CENTENNIAL, Colo. (AP) _ National CineMedia Inc. (NCMI) on Monday reported second-quarter earnings of $4.2 million.

On a per-share basis, the Centennial, Colorado-based company said it had net income of 5 cents.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The theater advertising company posted revenue of $113.7 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $110.5 million.

National CineMedia expects full-year revenue in the range of $430 million to $450 million.

National CineMedia shares have climbed 23 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.46, a climb of 23 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NCMI at https://www.zacks.com/ap/NCMI

Update hourly