National CineMedia, Inc. (NASDAQ:NCMI ) Q2 2024 Earnings Conference Call August 5, 2024 5:00 PM ET Company Participants Chan Park – Senior Vice President-Finance Tom Lesinski – Chief Executive Officer Ronnie Ng – Chief Financial Officer Conference Call Participants Eric Wold – B. Riley Securities Jim Goss – Barrington Research Mike Hickey – The Benchmark Company Operator Good day, and welcome to the National CineMedia, Inc. Second Quarter 2024 Earnings Conference Call.
Although the revenue and EPS for National CineMedia (NCMI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
National CineMedia (NCMI) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.70 per share a year ago.
National CineMedia (NCMI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how National CineMedia (NCMI) and FiscalNote Holdings, Inc. (NOTE) have performed compared to their sector so far this year.