Reading International (NASDAQ:RDI) issued its earnings results on Wednesday. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01, Fidelity Earnings reports. Reading International had a return on equity of 6.76% and a net margin of 5.70%. The firm had revenue of $74.26 million for the quarter, compared to the consensus estimate of $70.40 million.
Shares of NASDAQ:RDI traded down $0.03 on Friday, reaching $15.30. The company had a trading volume of 610 shares, compared to its average volume of 82,848. Reading International has a twelve month low of $13.91 and a twelve month high of $17.50. The stock has a market capitalization of $351.50 million, a P/E ratio of 11.80 and a beta of 1.38. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.61 and a quick ratio of 0.61.
RDI has been the subject of a number of analyst reports. B. Riley reaffirmed a “buy” rating on shares of Reading International in a research report on Tuesday, September 4th. BidaskClub cut Reading International from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 29th. Finally, Zacks Investment Research raised Reading International from a “sell” rating to a “hold” rating in a research report on Wednesday, July 18th.
Reading International Company Profile
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, Theatrical Motion Picture Exhibition (Cinema Exhibition) and Real Estate. The Cinema Exhibition segment operates multiplex cinemas.
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