National CineMedia (NCMI) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS
National CineMedia (NASDAQ:NCMI) announced its earnings results on Tuesday. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01, AnalystRatingsNetwork.com reports. The company had revenue of $99.90 million for the quarter, compared to the consensus estimate of $96.99 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was down 18.6% on a year-over-year basis.
National CineMedia (NASDAQ:NCMI) traded down 0.30% during mid-day trading on Tuesday, hitting $16.36. The stock had a trading volume of 158,739 shares. National CineMedia has a 52-week low of $13.94 and a 52-week high of $20.22. The stock’s 50-day moving average is $16.90 and its 200-day moving average is $16.38. The company has a market cap of $960.6 million and a price-to-earnings ratio of 23.96.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 5th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 5.38%.
National CineMedia, Inc (NASDAQ:NCMI) is a holding company that manages its consolidated subsidiary NCM LLC.
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