Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
National Cinemedia (NCMI)
NASDAQ:NCMI
Holding NCMI?
Track your performance easily
Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.11Last Year’s EPS
0.24Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 05, 2018
|% Change Since: -6.85%
|Next Earnings Date:Aug 06, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment. While there were significant achievements, like exceeding revenue expectations and strong demographic reach, there were also challenges such as year-over-year revenue decline and attendance issues. Looking forward, the company is optimistic about 2025 with an exciting film slate.Company Guidance
During the National CineMedia Third Quarter 2024 Earnings Call, the company provided optimistic guidance for the fourth quarter, projecting revenue between $82 million and $86 million and adjusted OIBDA between $28 million and $30 million. This guidance reflects both an anticipated increase in attendance and a challenging year-over-year comparison due to the previous year's performance uplift from Taylor Swift: The Eras Tour. The company also highlighted continued strength in its scatter market performance, which increased by 35% compared to the prior year, and emphasized the growth of its self-serve advertising platform, which saw sales up 96% quarter-over-quarter. Additionally, NCM expressed confidence in its ability to capture high-value audiences, with Gen Z and millennials comprising 64% of third-quarter viewership and a notable 59% of national revenue stemming from longer-term upfront commitments. The company remains focused on innovative ad solutions, such as its new retargeting platforms, Boomerang and Boost, which have shown substantial engagement improvements. Looking ahead to 2025, NCM is enthusiastic about the upcoming film slate and the potential for continued audience and revenue growth.Continued Box Office Growth
The cinema industry outperformed expectations with the box office generating almost $2.7 billion, slightly up compared to the same period last year.
Strong Audience Demographics
Gen Z and millennials accounted for 64% of NCM's third-quarter viewership, with Gen Z alone making up 38%.
Revenue Exceeds Guidance
Third-quarter revenue was $62.4 million, surpassing the guidance range of $56 million to $58 million. Adjusted OIBDA also exceeded expectations at $8.8 million.
Significant Growth in Tech and Retail
Tech revenue increased more than 10 times year-over-year, while retail and apparel grew by 123%.
Platinum Ad Unit Growth
Sales of the Platinum ad unit grew 2.4x compared to the third quarter of 2023.
Innovative Ad Solutions
The self-serve platform achieved a 96% sales increase quarter-over-quarter, and new AI features improved customer interaction.
Positive 2025 Outlook
The 2025 film slate is expected to drive further growth with highly anticipated releases.
---
NCMI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
NCMI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $7.30 | $6.53 | -10.55% |
| Aug 05, 2024 | $5.28 | $6.29 | +19.13% |
| May 06, 2024 | $4.83 | $4.61 | -4.55% |
| Mar 18, 2024 | $4.22 | $5.06 | +19.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does National Cinemedia (NCMI) report earnings?
National Cinemedia (NCMI) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is National Cinemedia (NCMI) earnings time?
National Cinemedia (NCMI) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NCMI EPS forecast?
NCMI EPS forecast for the fiscal quarter 2024 (Q4) is 0.11.
---