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National CineMedia reports Q3 EPS 2c vs. (4c) last year

Reports Q3 revenue $63.4M, consensus $63.8M. “NCM delivered top- and bottom-line growth in the third quarter as advertiser demand rebounded across key categories, outpacing box office trends,” said Tom Lesinski, CEO of NCM. “We achieved our highest third quarter national advertising revenue per attendee in the last five years, underscoring the effectiveness of our sales efforts and improved inventory utilization. With renewed advertiser confidence, and a slate of highly anticipated upcoming releases, we believe NCM is well positioned to deliver a strong fourth quarter.”

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