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RDIB — Reading International News Story

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Cinema operator Reading International Q3 revenue drops 13%

Overview

Reading International Q3 2025 revenue decreased 13%

Company reported best quarterly results since 2019, Q3 net loss improved by 41% yr/yr

Company reduced debt by almost 15% through real estate asset sales

Outlook

Company expects fourth-quarter cinema rebound with promising holiday film lineup

Reading anticipates strong 2026 movie release schedule

Company highlights strong real estate portfolio supporting future growth

Result Drivers

CINEMA REVENUE DECLINE - Cinema revenue decreased 14% due to less appealing movie slate, closure of U.S. cinema complex, and currency weakness

REAL ESTATE REVENUE DECREASE - Real estate revenue decreased due to property sales, offset by improved U.S. theatre performance

DEBT REDUCTION - Debt reduced by 15% primarily through proceeds from real estate asset sales

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueMiss$52.17 mln$58.75 mln (1 Analyst)
Q3 EPS-$0.18
Q3 Net Income-$4.31 mln
Q3 Operating Income-$329,000
Q3 Pretax Profit-$3.99 mln
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the leisure & recreation peer group is "buy" Wall Street's median 12-month price target for Reading International Inc is $2.50, about 46.8% above its November 13 closing price of $1.33 Press Release: ID:nGNX28y1R3 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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