02.08.2013 01:33:21

National CineMedia Posts Q2 Profit - Quick Facts

(RTTNews) - National CineMedia, Inc. (NCMI) Thursday reported second-quarter profit of $9.5 million or $0.17 per share, compared to a loss of $1.9 million or $0.03 per share in the same period last year.

Adjusted earnings for the quarter was $10.7 million or $0.19 per share. On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.18 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 11.5 percent to $122.8 million from $110.1 million last year. Analysts expected revenues of $119.96 million.

Looking ahead, the company has forecast revenues in the range of $130.0 million to $138.0 million. Analysts currently expect third-quarter revenues of $140.53 million. For the fiscal 2013, the company has reaffirmed its revenue outlook range of $455.0 million to $465.0 million. Analysts currently expect full-year revenues of $463.91 million.

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