NASDAQ$NCMI
National CineMedia Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
National CineMedia reported a decline in revenue and operating income for Q4 2024, with net income slightly increasing year-over-year.
National CineMedia, Inc. reported total revenue of $86.3 million for Q4 2024, marking a 5.1% decline from the prior year. Operating income dropped to $20.0 million, while net income increased to $24.7 million. The company attributed the revenue decline to an unfavorable movie slate compared to the previous year's strong performance driven by Taylor Swift: The Eras Tour.
- Q4 2024 revenue declined by 5.1% to $86.3 million.
- Operating income fell to $20.0 million from $20.5 million in Q4 2023.
- Net income increased to $24.7 million from $23.7 million in the prior year.
- EPS improved to $0.26 per diluted share from $0.24 in Q4 2023.
Headline financials
Revenue & EPS history
National CineMedia · Revenue · Quarterly
$86.3M
Revenue by segment
National CineMedia · $57.7M total across 2 segments · Q2 2023
- National Advertising$44.3M-12.6%76.8%
- Local and Regional$13.4M+27.6%23.2%
Forward guidance
NCM expects Q1 2025 revenue to range between $34.0M and $36.0M, with Adjusted OIBDA projected between -$9.5M and -$7.5M, citing lower advertising impressions and reduced government spending as headwinds.
Tailwinds
- Revenue expected to range between $34.0M and $36.0M in Q1 2025.
- Robust second-quarter sales pacing suggests stronger H1 2025 performance.
- Cinema advertising remains a premium platform for marketers.
- Expansion of the NCMx data platform driving measurable ROI.
- Continued audience engagement with blockbuster releases.
Headwinds
- Lower expected impressions in Q1 2025 impacting revenue.
- Temporary advertising spend delays due to government spending cuts.
- Uncertainty in certain advertising categories due to ongoing tariff concerns.
- Competitive pressure in the advertising market remains a challenge.
- Industry-wide impact from last year's writer and actor strikes still affecting content pipelines.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2024
+2.5%
Avg return
Earnings day
+3.6%
Avg return
5 days after
-0.8%
Avg return
30 days after
43%
28 / 65 earnings
Positive
+232.3%
Q4 2022
Best reaction
-27.2%
Q1 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.9% | -19.5% | — | |
| Q4 2025 | +1.4% | +1.4% | -13.4% | |
| Q3 2025 | +0.7% | -9.3% | -3.7% | |
| Q1 2025 | -11.6% | -12.1% | -10.5% | |
| Q4 2024 | -17.8% | -12.9% | -9.9% | |
| Q3 2024 | -8.3% | -11.5% | -0.1% | |
| Q2 2024 | +11.1% | +7.4% | +20.1% | |
| Q1 2024 | +0.9% | -1.5% | +11.4% | |
| Q4 2023 | +19.3% | +32.8% | +5.0% | |
| Q3 2023 | +6.1% | +2.7% | -2.9% | |
| Q2 2023 | +2.4% | -6.5% | +33.2% | |
| Q1 2023 | +3.9% | +0.0% | +12.9% | |
| Q4 2022 | +232.3% | +169.2% | +146.2% | |
| Q3 2022 | +31.3% | +38.1% | -7.1% | |
| Q2 2022 | -19.4% | +2.3% | -35.3% | |
| Q1 2022 | -22.4% | -31.7% | -38.0% | |
| Q4 2021 | -10.7% | -11.7% | -16.7% | |
| Q3 2021 | -1.3% | +0.3% | -25.5% | |
| Q2 2021 | -6.0% | -14.7% | -19.7% | |
| Q1 2021 | -2.7% | +2.1% | -88.4% | |
| Q4 2020 | -2.5% | +26.1% | -4.8% | |
| Q3 2020 | +7.3% | +4.0% | +99.5% | |
| Q2 2020 | +15.8% | +20.2% | +45.7% | |
| Q1 2020 | -5.5% | +3.6% | +1.6% | |
| Q4 2019 | +18.2% | +5.9% | -66.0% | |
| Q3 2019 | -16.6% | -10.1% | -20.5% | |
| Q2 2019 | -3.3% | -0.6% | +16.4% | |
| Q1 2019 | +6.4% | +6.7% | -8.0% | |
| Q4 2018 | +11.8% | +6.5% | +2.5% | |
| Q3 2018 | -15.7% | -12.9% | -19.9% | |
| Q2 2018 | -0.9% | +5.2% | +7.8% | |
| Q1 2018 | +21.9% | +29.6% | +30.3% | |
| Q4 2017 | -10.0% | -17.5% | -20.1% | |
| Q3 2017 | -12.6% | -16.1% | -2.1% | |
| Q2 2017 | -6.5% | -17.0% | -19.4% | |
| Q1 2017 | -27.2% | -28.7% | -38.3% | |
| Q4 2016 | -5.5% | +0.4% | -1.9% | |
| Q3 2016 | +3.9% | +13.0% | +13.8% | |
| Q2 2016 | -4.7% | -3.4% | -5.6% | |
| Q1 2016 | -2.6% | — | — | |
| Q4 2015 | -3.4% | — | — | |
| Q3 2015 | +5.7% | — | — | |
| Q2 2015 | -2.5% | — | — | |
| Q1 2015 | +6.8% | — | — | |
| Q4 2014 | +0.7% | — | — | |
| Q3 2014 | +13.0% | — | — | |
| Q2 2014 | -13.1% | — | — | |
| Q1 2014 | -4.1% | — | — | |
| Q4 2013 | -13.4% | — | — | |
| Q3 2013 | -7.5% | — | — | |
| Q2 2013 | +5.2% | — | — | |
| Q1 2013 | +7.8% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q4 2012 | -2.9% | — | — | |
| Q3 2012 | -10.0% | — | — | |
| Q2 2012 | +1.6% | — | — | |
| Q1 2011 | -6.4% | — | — | |
| Q1 2012 | -0.1% | — | — | |
| Q4 2009 | +4.2% | — | — | |
| Q3 2011 | +10.0% | — | — | |
| Q3 2010 | +10.0% | — | — | |
| Q4 2010 | -6.4% | — | — | |
| Q2 2010 | -6.4% | — | — | |
| Q2 2011 | -6.4% | — | — | |
| Q1 2010 | +2.0% | — | — |
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