National CineMedia (NCMI) Misses Q2 EPS by 2c

National CineMedia (NASDAQ: NCMI) reported Q2 EPS of ($0.18), $0.02 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $4 million versus the consensus estimate of $2.67 million.

2020 Outlook

Due to the current unprecedented market conditions related to the COVID-19 pandemic and the resulting uncertainty regarding the duration and ultimate impact of governmental regulations, including mandated business closures including our network theaters and clients, as well as the impact of changes in consumer behavior (such as social distancing) on attendance following the reopening of the theaters, the Company is not providing updated guidance for the fiscal year ending December 31, 2020.

For earnings history and earnings-related data on National CineMedia (NCMI) click here.

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