National CineMedia (NCMI) Misses Q4 EPS by 45c
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National CineMedia (NASDAQ: NCMI) reported Q4 EPS of ($0.62), $0.45 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $15.7 million versus the consensus estimate of $14.55 million.
2021 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 and theater capacity restrictions that affect our network theaters and clients, shifting movie slates, 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 currently providing guidance for the fiscal year ending December 30, 2021.
For earnings history and earnings-related data on National CineMedia (NCMI) click here.
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