How did NCMI's Q4 2023 earnings surprise investors?

National Cinemedia (NCMI) reported an earnings per share (EPS) surprise of $0.16 for the fourth quarter of 2023, compared to analysts' expectations. This positive surprise indicates that the company's performance for the period exceeded market expectations, likely due to factors such as strong revenue growth, cost management, or strategic initiatives. The surprise could lead to increased investor optimism about NCMI's future prospects, as it suggests that the company is performing better than anticipated. |code|Ticker|Name|Date|Estimate EPS YoY|Estimate Revenue YoY|market_code| |---|---|---|---|---|---|---| |NCMI|NCMI.O|National Cinemedia|20230331|162.5|65.76980568011959|185| |NCMI|NCMI.O|National Cinemedia|20230630|-1257.1428571428569|3.923076923076923|185| |NCMI|NCMI.O|National Cinemedia|20230930|-66.66666666666666|-3.996333638863428|185| |NCMI|NCMI.O|National Cinemedia|20231231|349.99999999999994|-3.7388724035608307|185|