These Analysts Raise Their Forecasts On National CineMedia After Earnings Beat
These Analysts Raise Their Forecasts On National CineMedia After Earnings Beat
National CineMedia, Inc. (NASDAQ:NCMI) posted upbeat results for its fourth quarter and disclosed a new $100 million share repurchase program.
National CineMedia, Inc.（納斯達克股票代碼：NCMI）公佈了第四季度樂觀的業績，並披露了一項新的1億美元股票回購計劃。
Operating revenue stood at $90.9 million, beating the consensus of $81.1 million. EPS of 24 cents beat the consensus of 9 cents, according to data from Benzinga Pro.
營業收入爲9,090萬美元，超過了市場預期的8,110萬美元。根據Benzinga Pro的數據，每股收益爲24美分，超過了共識的9美分。
For the first quarter of 2024, NCM expects revenue of $34.5 million-$35.5 million (vs. consensus of $32.47 million) and adjusted OIBDA loss in the range of $(7.5) million to $(6.5) million.
NCM預計，2024年第一季度的收入爲3,450萬至3550萬美元（而市場預期爲3,247萬美元），調整後的OIBDA虧損在750萬美元至650萬美元之間。
"In 2023, NCM successfully re-established the importance of cinema for best-in-class advertisers, with movies driving the cultural conversation and the box office reaching its highest point since 2019," Tom Lesinski, CEO of NCM said. "We are very encouraged by our strong fourth quarter performance, which led to a 43% increase in active national advertisers and record revenue per attendee. This resulted in strong adjusted OIBDA, significantly exceeding our fourth quarter guide."
NCM首席執行官湯姆·萊辛斯基表示：“2023年，NCM成功地重新確立了電影對一流廣告商的重要性，電影推動了文化對話，票房達到了2019年以來的最高點。”“我們對第四季度的強勁表現感到非常鼓舞，這使活躍的全國廣告商增長了43％，每位與會者的收入創歷史新高。這導致調整後的OIBDA強勁，大大超過了我們的第四季度預期。”
The company's Board of Directors approved a new share repurchase program authorizing the purchase of up to $100 million through April 1, 2027.
公司董事會批准了一項新的股票回購計劃，授權在2027年4月1日之前購買高達1億美元的股票。
NCM shares gained 24.5% to trade at $5.26 on Tuesday.
週二，NCM股價上漲24.5％，交易價格爲5.26美元。
These analysts made changes to their price targets on National CineMedia following earnings announcement.
業績公佈後，這些分析師修改了National CineMedia的目標股價。
- B. Riley Securities raised the price target on National CineMedia from $4.5 to $6.75. B. Riley Securities analyst Eric Wold upgraded the stock from Neutral to Buy.
- Wedbush boosted the price target on National CineMedia from $4.5 to $5.5. Wedbush analyst Michael Pachter maintained a Neutral rating.
- B. 萊利證券將National CineMedia的目標股價從4.5美元上調至6.75美元。B. 萊利證券分析師埃裏克·沃爾德將該股從中性上調至買入。
- Wedbush將National CineMedia的目標股價從4.5美元上調至5.5美元。Wedbush分析師邁克爾·帕切特維持中性評級。
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譯文內容由第三人軟體翻譯。