Investing.com - National CineMedia reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
National CineMedia announced earnings per share of $-0.110 on revenue of $54.5M. Analysts polled by Investing.com anticipated EPS of $-0.090 on revenue of $54.55M.
National CineMedia shares are up 6% from the beginning of the year , still down 89.01% from its 52 week high of $3.93 set on Friday, November 12, 2021.
National CineMedia shares gained 1.39% in after-hours trade the report.
National CineMedia follows other major Communication Services sector earnings this month
National CineMedia's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
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