Core Insights - National CineMedia (NCMI) reported $63.4 million in revenue for Q3 2025, a year-over-year increase of 1.6% [1] - The earnings per share (EPS) for the same period was $0, compared to -$0.04 a year ago, resulting in a 100% surprise against the consensus EPS estimate of -$0.03 [1] - The reported revenue was a slight miss, with a surprise of -1.14% compared to the Zacks Consensus Estimate of $64.13 million [1] Revenue Breakdown - Local and regional advertising revenue was $9.6 million, significantly below the estimated $11.85 million, reflecting a year-over-year decline of 15.8% [4] - National advertising revenue reached $49.9 million, exceeding the average estimate of $47.9 million, with a year-over-year increase of 6.6% [4] - ESA advertising revenue from beverage concessionaire agreements was reported at $3.9 million, below the $4.4 million average estimate, marking a year-over-year decrease of 7.1% [4] Stock Performance - Shares of National CineMedia have declined by 7.2% over the past month, contrasting with a 3.6% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]