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National CineMedia reports Q2 EPS (11c), one estimate (12c)

Reports Q2 revenue $51.8M, consensus $55.0M. “While the second quarter presented a challenging economic and advertising environment, we are encouraged to see third quarter sales commitments pacing ahead of last year’s levels. We’re optimistic about a stronger second half of the year as we remain focused on executing our long-term strategy to drive sustainable, profitable growth,” said Tom Lesinski, CEO of NCM. “We have seen signs of renewed industry momentum, driven by a strong summer box office, a compelling slate of upcoming tentpole releases, and growing confidence among advertisers.”

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