Macquarie downgraded Reading Intl from Outperform to Neutral

Earnings Call Webcast to Discuss Third Quarter Financial Results Scheduled to Post to Corporate Website on Monday, November 18, 2024 NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ:RDI) ("Reading" or our "Company"), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the third quarter ended September 30, 2024. Third Quarter 2024 Summary Results The Company's third quarter 2024 key financial operating metrics – Total Revenues, Operating Income and Adjusted EBITDA – were all materially stronger than the previous three quarters, indicating t

NEW YORK, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ:RDI) announced today that Reading will hold its 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting") virtually through a web-based platform, commencing at 2:00 p.m. Eastern Time, on December 5, 2024. Voting online at the virtual meeting Registered stockholders and duly appointed proxyholders, as of the close of business on October 15, 2024 (the record date for the 2024 Annual Meeting), are entitled to attend the virtual 2024 Annual Meeting. Class B stockholders will be able to communicate, participate in, listen and vote from any location with appropriate internet connectivity. Details of how to re

Guests invited to conjure up their own Coca-Cola® custom flavor blends and get a taste of the biggest movies releases with limited time offerings for Warner Bros. Pictures' BEETLEJUICE BEETLEJUICE and more! HONOLULU, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Consolidated Theatres, an affiliate of Reading International, Inc. (NASDAQ:RDI), is unveiling a new custom beverage flavor created by the refreshment experts at Coca-Cola® exclusively for Consolidated Theatres. A proprietary blend featuring Fanta® Cherry, Vanilla, and Lime flavors, the thirst-quenching "Consolidated Theatres Island Punch" debuts with the arrival of state-of-the-art Coca-Cola Freestyle® beverage fountains at Consolidated Th

Earnings Call Webcast to Discuss Second Quarter Financial Results Scheduled to Post to Corporate Website on Friday, August 16, 2024 NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ:RDI) ("Reading" or our "Company"), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the Second Quarter ended June 30, 2024. Second Quarter 2024 Summary Results The anticipated lingering effects of the 2023 Hollywood Strikes negat

NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ:RDI) ("Reading" or our "Company"), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced that this past weekend's opening of the highly anticipated, Deadpool & Wolverine, set several records across its global cinema circuit, including: The biggest opening weekend for any R-rated movie ever in our U.S. Cinema division, in terms of both attendance and box office.The biggest opening weekend for any MA 15+ rated movie ever in our Australian Cinema division, in terms of both attendance and box office.The biggest ope

Earnings Call Webcast to Discuss First Quarter Financial Results Scheduled to Post to Corporate Website on Friday, May 17, 2024 NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ:RDI) ("Reading" or our "Company"), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the First Quarter ended March 31, 2024. First Quarter 2024 Summary Results During the First Quarter 2024, the disrupted movie release schedule caused by the

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ:RDI) ("Reading" or our "Company"), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2023. Full Year 2023 Summary compared to 2022 Notwithstanding the Writers and Actors strikes (the "2023 Hollywood Strikes") that effectively shut down Hollywood for months in 2023 and a 525-point spike in interest rates since March 2022, new movie releases are being well received by movie patrons and, generally speaking, things are moving in the right dire

NEW YORK, NY, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Angelika Film Center, a movie theater circuit devoted to exhibiting independent, international and arthouse films, affiliates of Reading International, Inc. (NASDAQ:RDI), are pleased to announce that their membership program, which launched in May 2022, has surpassed 120,000 members. The program is expected to maintain steady growth in 2024. This achievement contributes to consolidating Angelika Film Center's spot as one of the main propellers for independent cinema worldwide. The Angelika Membership is a complimentary loyalty program for filmgoers that provides access to exclusive savings, experiences, and extras. Members of the prog

Cinema Business Continues Strong ReboundBest Third Quarter Total Revenue, Operating Income & Adjusted EBITDA Since Q4 2019U.S. Real Estate Sets Highest Third Quarter Revenue Ever Earnings Call Webcast to Discuss Third Quarter Financial Results Scheduled to Post to Corporate Website on Thursday, November 16, 2023 NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Reading International, Inc. (NASDAQ:RDI) (the "Company"), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the third quarter ended September 30, 2023. President and Chief Executive Officer, Ellen Cotter said, "Build

CULVER CITY, Calif., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Reading Cinemas (Australia), an affiliate of Reading International, Inc. (NASDAQ:RDI), today announced the opening of its latest cinema complex in Busselton, Western Australia. This marks Reading's fourth location in Western Australia, joining complexes in Belmont, Mandurah, and the recently re-branded Reading Cinemas in Armadale. The five-screen location launches as a key anchor tenant in Australian Unity's newly expanded Busselton Central Shopping Centre precinct. Reading's new complex features full recliner seating in all auditoriums. A brand-new Premium offering with enhanced food and beverage will showcase Reading Cinemas Busse

Macquarie analyst Chad Beynon maintains Reading Intl (NASDAQ:RDI) with a Neutral and raises the price target from $2 to $2.4.

Reading Intl (NASDAQ:RDI) reported quarterly losses of $(0.59) per share which missed the analyst consensus estimate of $(0.52) by 13.46 percent. This is a 18 percent decrease over losses of $(0.50) per share from the same period last year. The company reported quarterly sales of $45.05 million which beat the analyst consensus estimate of $43.99 million by 2.41 percent. This is a 1.65 percent decrease over sales of $45.81 million the same period last year.

Gainers Hanryu Holdings (NASDAQ:HRYU) shares moved upwards by 21.6% to $0.61 during Monday's pre-market session. The market value of their outstanding shares is at $32.1 million. Leafly Holdings (NASDAQ:LFLY) stock increased by 16.02% to $2.72. The market value of their outstanding shares is at $6.2 million. Treasure Global (NASDAQ:TGL) shares rose 13.42% to $4.9. The market value of their outstanding shares is at $6.3 million. Collective Audience (NASDAQ:CAUD) shares rose 7.52% to $0.51. The market value of their outstanding shares is at $7.0 million. TruGolf Holdings (NASDAQ:TRUG) shares increased by 5.71% to $1.85. The market value of their outstanding shares is at $24.5 million. Tu

Reading Intl (NASDAQ:RDI) reported its Q4 earnings results on Monday, April 1, 2024 at 09:00 AM. Here's what investors need to know about the announcement. Earnings Reading Intl missed estimated earnings by -44.0%, reporting an EPS of $-0.56 versus an estimate of $-0.39. Revenue was down $1.89 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.24 which was followed by a 1.0% increase in the share price the next day. Here's a look at Reading Intl's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.04 -0.03 -0.28 -0.34 EPS Actual -0.20 -0.12 -0.50 -0.60 Revenue Estimate 68.60M 68.53M 53.45M 50.79M R

Reading Intl (NASDAQ:RDI) reported quarterly losses of $(0.56) per share which missed the analyst consensus estimate of $(0.39) by 43.59 percent. This is a 6.67 percent increase over losses of $(0.60) per share from the same period last year. The company reported quarterly sales of $45.30 million which missed the analyst consensus estimate of $51.87 million by 12.67 percent. This is a 4.04 percent decrease over sales of $47.21 million the same period last year.

As of Jan. 12, 2024, four stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. Beasley Broadcast Group, Inc. (NASDAQ:BBGI) On Nov. 1, Beasley Broadcast posted downbe

Reading Intl (NASDAQ:RDI) reported its Q3 earnings results on Tuesday, November 14, 2023 at 09:00 AM. Here's what investors need to know about the announcement. Earnings Reading Intl missed estimated earnings by 600.0%, reporting an EPS of $-0.2 versus an estimate of $0.04. Revenue was up $15.37 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.09 which was followed by a 5.22% drop in the share price the next day. To track all earnings releases for Reading Intl visit their earnings calendar here. This article was generated by Benzinga's automated content engine and reviewed by an editor.

Reading Intl (NASDAQ:RDI) reported quarterly sales of $65.10 million which missed the analyst consensus estimate of $68.53 million by 5.01 percent. This is a 0.91 percent increase over sales of $64.51 million the same period last year.

- 13G SEC Filing