Key Developments For National CineMedia, Inc.
National CineMedia, Inc. (NCMI.O) (Nasdaq)
National CineMedia, Inc. Narrows FY 2009 Outlook; Revenue Outlook To A Range Below Analysts' Estimates
National CineMedia, Inc. updated its fiscal 2009 outlook and expects total revenue to be in the range of $363.0-$368.0 million and adjusted OIBDA to be $177.0-$182.0 million. According to Reuters Estimates, analysts were expecting the Company to report EBITDA of $179.0 million on revenue of $369.6 million for the same period.
National CineMedia, Inc. Issues Q1 2009 Guidance Above Analysts' Estimates; Comments On FY 2009 Guidance
National CineMedia, Inc. announced that for first quarter of 2009, it expects total revenue to be in the range of $70-$73 million and adjusted OIBDA to be in the range of $24-$26 million. For fiscal 2009, the Company continues to expect total revenue and adjusted OIBDA to approximate the results achieved in fiscal 2008. The Company reported revenues of $369.50 million for fiscal 2008. According to Reuters Estimates, analysts were expecting the Company to report revenues of $68 million and EBITDA of $22 million for first quarter of 2009; revenues of $375 million and EBITDA of $185 million for fiscal 2009.
National CineMedia, Inc. Sees FY 2008 Guidance At High End Or Slightly Exceed Prior Range; Issues Q1 2009 Guidance; Issues FY 2009 Guidance Below Analysts' Estimates; Announces Quarterly Cash Dividend
National CineMedia, Inc. announced that it expects fiscal 2008 results to be at the high end or slightly exceed its previous fiscal 2008 guidance for total revenue of $364-$368 million and adjusted OIBDA of $184-$187 million. For first quarter of 2009, the Company expects total revenue to be in the range of $66-$71 million and expects adjusted OIBDA to be in the range of $21-$24 million. For fiscal 2009, the Company expects total revenue to be slightly higher than its 2008 guidance range, but adjusted OIBDA to be approximately flat with its 2008 guidance range, as margins are anticipated to be slightly lower primarily due to the reduction in high margin beverage revenue. According to Reuters Estimates, analysts were expecting the Company to report revenues of $368 million for fiscal 2008; revenues of $69 million and EBITDA of $23 million for first quarter of 2009; revenues of $395 million and EBITDA of $201 million for fiscal 2009. The Company also announced that its Board of Directors has authorized the Company's fourth quarter cash dividend of $0.16 per share of common stock. The dividend will be paid on April 2, 2009, to stockholders of record on March 19, 2009.
National CineMedia, Inc. Raises FY 2008 Outlook; Declares Dividend
National CineMedia, Inc. updated fiscal 2008 outlook and expects revenue to be in the range of $364-$368 million and adjusted OIBDA to be in the range of $184-$187 million, compared to the prior expectations of revenue in the range of $360-$365 million and adjusted OIBDA in the range of $180-$185 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $364 million for the same period. The Company is also announced that its Board of Directors has authorized the Company's third quarter cash dividend of $0.16 per share of common stock. The dividend will be paid on December 4, 2008, to stockholders of record on November 20, 2008.
National CineMedia, Inc. Issues Q3 2008 Guidance In Line With Analysts' Estimates; Issues FY 2008 Guidance; Revenue Guidance Below Analysts' Estimates; Increases Quarterly Cash Dividend
National CineMedia, Inc. announced that for the third quarter of 2008, it expects total revenue to be in the range of $103 to $106 million and adjusted OIBDA to be in the range of $58 to $60 million. For fiscal 2008, the Company expects total revenue to be in the range of $360 to $365 million and adjusted OIBDA to be in the range of $180 to $185 million. According to Reuters Estimates, analysts were expecting the Company to report EBITDA of $59 million on revenue of $105 million for the third quarter of 2008; EBITDA of $183 million on revenue of $371 million for fiscal 2008. The Company also announced that its Board of Directors has authorized the Company's second quarter cash dividend of $0.16 per share of common stock, a one-cent, or 6.7% increase over previously declared quarterly dividends. The dividend will be paid on September 4, 2008, to stockholders of record on August 21, 2008.
