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

Reading International (NASDAQ:RDI) issued its quarterly earnings data on Thursday. The company reported ($0.27) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.24) by ($0.03), MarketWatch Earnings reports. The firm had revenue of $49.23 million for the quarter. Reading International had a negative net margin of 11.36% and a negative return on equity of 1.45%.

Shares of NASDAQ:RDI opened at $3.67 on Friday. Reading International has a 1 year low of $2.83 and a 1 year high of $13.69. The business has a 50 day simple moving average of $3.72 and a two-hundred day simple moving average of $6.81. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.22 and a current ratio of 0.22.

Separately, ValuEngine lowered Reading International from a “buy” rating to a “hold” rating in a research 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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