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Reading International Inc (RDI)
NASDAQ:RDI
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.42Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 16, 2025
|% Change Since: -2.90%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance for Q1 2025, with significant achievements in asset sales, debt reduction, and positive EBITDA growth. However, these were counterbalanced by declines in total and cinema revenue, as well as increased operating losses and cash flow challenges. The promising second quarter box office performance and improvements in F&B SPP and real estate operating income suggest potential recovery, but the lowlights indicate ongoing financial pressures.Company Guidance
During the first quarter of 2025 earnings call, Reading International reported a global total revenue of $40.2 million, an 11% decrease from Q1 2024, primarily due to weaker box office performance and foreign exchange impacts. Despite this, their global operating loss improved by 8.5% to $6.9 million due to more efficient operations and cost-cutting measures. The company achieved a positive EBITDA of $2.9 million, up from a negative $4 million in Q1 2024, driven by asset sales and reduced expenses. Notably, the F&B Spend Per Patron (F&B SPP) in Australia reached a record high, while U.S. cinema revenue decreased by 14% to $18.3 million. Reading's global real estate revenue slightly decreased to $4.8 million, but operating income saw a significant 79% increase, attributed to improved live theater performance and reduced costs. The company also highlighted successful film releases in the second quarter and strategic initiatives to enhance the cinematic experience and loyalty programs. Overall, Reading International is focused on reducing debt and advancing renovation projects to optimize operations and financial health.Asset Sales and Debt Reduction
Completed the sale of assets in Wellington, New Zealand for NZD38 million, eliminating NZD18.8 million of debt with Westpac and $6.1 million of Bank of America debt, reducing overall annual interest expense and holding costs.
Positive EBITDA Improvement
Q1 2025 delivered positive EBITDA of $2.9 million, reflecting a 173% increase from a negative EBITDA of $4 million in Q1 2024.
Strong Second Quarter Box Office Performance
Second quarter 2025 global box office exceeded expectations with releases like 'A Minecraft Movie' and 'Sinners' generating substantial revenue.
F&B Spend Per Patron Milestones
Achieved highest first quarter F&B SPP in Australian circuit history and second highest in New Zealand and U.S. circuits.
Improved Real Estate Operating Income
Global real estate operating income increased by 79% compared to the previous year, despite a slight decrease in total revenue.
RDI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RDI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 16, 2025 | $1.38 | $1.33 | -3.62% |
Mar 31, 2025 | $1.25 | $1.39 | +11.20% |
Nov 14, 2024 | $1.40 | $1.45 | +3.57% |
Aug 14, 2024 | $1.47 | $1.42 | -3.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Reading International Inc (RDI) report earnings?
Reading International Inc (RDI) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is Reading International Inc (RDI) earnings time?
Reading International Inc (RDI) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RDI EPS forecast?
RDI EPS forecast for the fiscal quarter 2025 (Q2) is -0.06.