Reading International Inc (RDI)
NASDAQCommunication ServicesEntertainmentSnapshot 2026-09-04
NASDAQCommunication ServicesEntertainmentSnapshot 2026-09-04
QuarterlyIQ Insights · RDI
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance recently climbed back into the top half of its industry — confirming the recovery.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -70.1% |
| Our one-year growth estimate | diamond | 9.9% |
Growth built into the price is above our model estimate.
The price assumes 80.0 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Worth watching into the next print: this name is a smaller-cap name (higher miss base rate) and has erratic recent earnings surprises. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 22 industry peers · Company calendar date is not available
RDI — earnings miss
Dated 2026-05-15
Results of Operations and Financial Condition. On May 15, 2026, Reading International, Inc. issued a press release announcing information regarding its results of operations and financial condition for the quarter ended March 31, 2026, a copy of which is attached as Exhibit 99.1.
Why it matters: Improving the cinema business is a top priority. Success here could boost overall growth.
Supportive ifManagement announces a new cinema location or partnership. This will help global reach.
Worry ifNo new news in the cinema business. More losses have been reported.
Why it matters: Stable or growing real estate revenue shows good asset management.
Supportive ifQ2 real estate revenue shows no decline compared to Q2 2025.
Worry ifQ2 real estate revenue declines more than 5% compared to Q2 2025.
Why it matters: A big drop in operating loss shows better cost control. It also means the company is working more efficiently.
Supportive ifQ2 operating loss improves by at least 30% compared to Q2 2025.
Worry ifQ2 operating loss worsens or improves by less than 10%.
Why it matters: The earnings report will show how the company is doing now and what to expect.
Watch forThe earnings report shows that revenue is growing. It also shows better operating results.
Also watch forThe earnings report shows more losses. It also shows that revenue is going down.
Why it matters: The sector is shrinking. If Reading International grows revenue, it may recover.
Supportive ifSector revenue growth is now positive. It was negative for several quarters.
Worry ifSector revenue growth is still negative. This shows the decline is continuing.
Why it matters: Closing this sale would help Reading International have more cash. It would also support financial stability.
Supportive ifThe sale of Cinemas 123 is now complete and has been announced.
Worry ifThe sale of Cinemas 123 is delayed or canceled.
Why it matters: Completing this sale could improve cash flow. It would also help ongoing operations.
Supportive ifThey announced the sale of the Napier property.
Worry ifDelays or issues arise in the sale process.
Why it matters: A positive EBITDA shows better efficiency. It also suggests the company could make more money.
Supportive ifQ2 EBITDA turns positive after a negative result in Q1.
Worry ifQ2 EBITDA is still negative.
Why it matters: Selling this property could improve liquidity and strengthen the balance sheet. It is a key part of management's strategy.
Supportive ifThe sale agreement for the Cinemas 123 property is done.
Worry ifNo progress on the sale or a delay in the expected timeline.
Why it matters: If cinema revenue grows more than 11%, it shows strong demand and management's strategies are working.
Supportive ifQ3 cinema revenue growth exceeds 11% compared to Q3 2025.
Worry ifQ3 cinema revenue growth is less than or equal to 11% compared to Q3 2025.
Why it matters: Management aims to improve the cinema business. Progress here could boost overall growth.
Supportive ifManagement says more people will go to the movies next quarter.
Worry ifCinema attendance or ticket sales are dropping more. There are no signs of improvement.
Why it matters: Ongoing cost cuts would raise operating income. This shows good management and helps the company's finances.
Supportive ifGeneral and administrative costs drop over 15% from Q2 2026.
Worry ifGeneral and administrative costs go up or down by less than 5%.
Why it matters: More people attending shows shows strong interest. This can lead to better revenue results.
Supportive ifGlobal cinema attendance is up compared to Q2 2026.
Worry ifGlobal cinema attendance is down compared to Q2 2026.
Why it matters: This sale would help with cash flow and support financial health.
Supportive ifCompletion of the sale of Cinemas 1, 2 & 3 property in NYC.
Worry ifIf the sale of Cinemas 1, 2 & 3 property fails or is delayed.
Why it matters: Cutting costs can help make more money and keep finances stable.
Supportive ifGlobal G&A costs decrease by more than 10% in Q3 2026.
Worry ifGlobal G&A costs increase or remain flat in Q3 2026.
Why it matters: A positive net income shows that the company is doing much better financially.
Supportive ifQ3 net income reported as positive compared to Q3 2025.
Worry ifQ3 net income remains negative compared to Q3 2025.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$171 on $10,000 · ±1.7% | How much price usually moves either way. |
| Bad day | $423 loss on $10,000 · 4.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,695 loss on $10,000 · 37.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.