NCMI Earnings Prediction
The chart below shows how NCMI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NCMI sees a -6.44% change in stock price 10 days leading up to the earnings, and a -0.61% change 10 days following the report. On the earnings day itself, the stock moves by +0.60%. This data can give you a slight idea of what to expect for the next quarter's release.
NCMI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
62.40M
152.63%
14.08%
Gross Margin
24.84%
372.24%
-0.84%
Operating Margin
-12.02%
-75.86%
-29.29%
Net Margin
-5.77%
-100.78%
-63.71%
EPS
-0.04
-101.38%
-55.56%
No Data Available
NCMI Earnings Analysis
National CineMedia, Inc. Corporation (NCMI.O) Earnings Conference Call
Positive
Q3 Revenue Exceeds Guidance: Revenue for the third quarter was $62.4 million, exceeding our guidance range of $56 million to $58 million.
OIBDA Exceeds Guidance: Adjusted OIBDA was $8.8 million, exceeding our guidance range of $6 million to $8 million.
Revenue Sources Breakdown: Approximately 59% of the third quarter's national revenue was attributable to longer term upfront commitments, while approximately 41% was attributable to the scatter market.
Box Office Performance: The box office brought in almost $2.7 billion this quarter, slightly compared to the same period last year, with Deadpool & Wolverine, Despicable Me 4, Twisters, and Beetlejuice leading the way.
Box Office Recovery Highlights: In the third quarter alone, seven films earned over $100 million, highlighting the breadth of the box office recovery.
Negative
Third Quarter Revenue Decline: Total revenue for the third quarter decreased 10% year-over-year, primarily due to an unusual high mix of harder-to-monetize G and PG rated movies in July, impacting what is typically our highest revenue month of the quarter.
Advertising Revenue Decline: Excluding beverage revenue, total advertising revenue was $58.2 million, which was down 10% compared to the same period of the previous year, while attendance declined 8% year-over-year.
National Advertising Revenue Decline: National advertising revenue was $46.8 million compared to $52 million the previous year, down 10% due to lower attendance in the quarter and a low single-digit percentage decrease in national revenue per attendee of 3%.
Advertising Revenue Decline: Local and regional advertising of $26.5 million decreased by 24%, largely due to the lingering effects of the 2023 writer and actor strikes that impacted the film slate and reduced the advertising inventory.
Revenue Decline Analysis: NCM LLC's total revenue for the third quarter is $62.4 million, compared to $68.9 million in the same quarter last year, reflecting a significant decline in revenue.
NCMI FAQs
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NCMI Earning Call Sentiment
National CineMedia, Inc. (NCMI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
NCMI.O
1.52%Positive
The earnings call presented mixed signals: declining revenue and OIBDA, yet improved cash flow and a share repurchase program. The Q&A highlighted uncertainties in upfront visibility and premium ad packages, but also potential growth in attendance and leverage. Overall, the sentiment is neutral due to the balance of positive and negative factors.
