Reading International (NASDAQ:RDI) Releases Earnings Results, Misses Estimates By $0.03 EPS

Reading International (NASDAQ:RDI) announced its quarterly earnings results on Thursday. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.03), MarketWatch Earnings reports. Reading International had a negative net margin of 9.48% and a positive return on equity of 0.89%.

RDI stock opened at $3.70 on Friday. Reading International has a fifty-two week low of $2.83 and a fifty-two week high of $13.69. The business’s 50-day moving average is $3.72 and its two-hundred day moving average is $6.85. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.22 and a current ratio of 0.22. The company has a market cap of $80.35 million, a price-to-earnings ratio of 74.00 and a beta of 1.48.

Separately, ValuEngine downgraded Reading International from a “buy” rating to a “hold” rating in a report on Wednesday, March 11th.

About Reading International

Reading International, Inc engages in the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas.

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Earnings History for Reading International (NASDAQ:RDI)

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