Reading International (RDIB) Projected to Post Quarterly Earnings on Monday

Reading International (NASDAQ:RDIB) is expected to issue its resultson Monday, May 18th. Analysts expect the company to announce earnings of ($0.2580) per share and revenue of $48.1280 million for the quarter.

Reading International Stock Performance

Shares of RDIB opened at $9.99 on Monday. The stock has a fifty day moving average price of $10.23 and a two-hundred day moving average price of $11.23. Reading International has a 52-week low of $8.00 and a 52-week high of $17.40.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Reading International in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

About Reading International

Reading International, Inc is an entertainment and real estate company, which engages in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through the Cinema Exhibition and Real Estate segments. The Cinema Exhibition segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, City Cinemas, 44 Union Square, and Liberty Theatres brands. The Real Estate segment comprises real estate development and the rental or licensing of retail, commercial and live theater assets.