Reading International Inc RDI.OQ reported a quarterly adjusted loss of 31 cents per share for the quarter , lower than the same quarter last year, when the company reported EPS of -20 cents. The lone analyst forecast for the quarter was for a loss of 14 cents per share.
Revenue fell 8.5% to $60.91 million from a year ago; analysts expected $65.65 million.
Reading International Inc shares had fallen by 14.1% this quarter and lost 26.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 32.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the leisure & recreation peer group is also "hold"
Wall Street's median 12-month price target for Reading International Inc is 1.90
This summary was machine generated from LSEG data November 14 at 08:55 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | -0.14 | -0.31 | Missed |
Jun. 30 2024 | -0.18 | -0.42 | Missed |
Mar. 31 2024 | -0.52 | -0.59 | Missed |
Dec. 31 2023 | -0.39 | -0.56 | Missed |
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