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National CineMedia: 3Q Earnings Snapshot

CENTENNIAL, Colo. (AP) _ National CineMedia Inc. (NCMI) on Monday reported third-quarter net income of $9.2 million.

On a per-share basis, the Centennial, Colorado-based company said it had profit of 12 cents.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The theater advertising company posted revenue of $110.5 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $120 million.

National CineMedia shares have risen 31% since the beginning of the year. In the final minutes of trading on Monday, shares hit $8.48, a fall of 1.5% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NCMI at https://www.zacks.com/ap/NCMI