Cinema operator Reading International's Q2 revenue up on strong box office performances
Overview
Reading International Q2 revenue grows 29%, beating analyst expectations
EPS and net income missed estimates despite revenue growth
Cinema revenue up 32% driven by strong box office performances
Outlook
Company anticipates strong cinema performance with upcoming releases like TRON: Ares
Reading International expects robust movie lineup to drive cinema revenue in 2025
Company foresees continued real estate strength following strategic asset sales
Result Drivers
BOX OFFICE SUCCESS - Strong box office performances from movies like A Minecraft Movie and Sinners drove a 32% increase in cinema revenue
REAL ESTATE SALES - Sale of Cannon Park property in Australia contributed to improved operating income, reducing debt
CURRENCY IMPACT - Weaker Australian and New Zealand dollar exchange rates affected U.S. reported operating results, with 47% of revenue from these regions
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $60.38 mln | $59.40 mln (1 Analyst) |
Q2 EPS | Miss | -$0.12 | -$0.06 (1 Analyst) |
Q2 Net Income | Miss | -$2.80 mln | -$1.30 mln (1 Analyst) |
Q2 Operating Income | Miss | $2.89 mln | $3.72 mln (1 Analyst) |
Q2 Pretax Profit | Miss | -$1.58 mln | -$1.44 mln (1 Analyst) |
Q2 Basic EPS |
| -$0.12 |
|
Press Release: ID:nGNXpgyM4
Related Articles
NVIDIA Q2 FY2026: Surfing the AI Surge with Blackwell, Steering Through China’s Export Challenges
TradingKey - NVIDIA Corporation (NASDAQ: NVDA) reported strong Q2 FY2026 results on August 27, 2025, after market close, driven by robust AI-powered demand and adoption of its next-generation Blackwell GPU platform. The company delivered significant revenue and profit beats overall, with...
Spotting Signals for the Next Crypto Bull Run: Will Bitcoin Asia 2025 Deliver?
TradingKey - Markets were caught off guard last week when Fed Chair Jerome Powell struck a surprisingly dovish tone at Jackson Hole.
Eurozone Q2 GDP Commentary: Will the Euro's Upward Momentum Persist?
TradingKey - On 14 August 2025, Eurostat published Q2 GDP figures, revealing a drop in the Eurozone's quarter-on-quarter growth from 0.6% in the first quarter to 0.1%. Consequently, annual growth eased from 1.5% to 1.4%. The slowdown primarily stems from the diminishing boost from European...
Bitcoin Price Forecast: Trends and Investment Outlook from 2025 to 2030
From $0.01 in 2009 to $120,000+ in 2025, Bitcoin has evolved from obscurity to a globally recognized financial asset. While institutions and governments increasingly embrace it, investors must remain vigilant against volatility, security risks, and scams.
CrowdStrike Stock Falls 9% After Disappointing Guidance: Time to Buy the Dip?
TradingKey - Cybersecurity is a booming industry, but even the best stocks can hit speed bumps. That’s exactly what happened to CrowdStrike Holdings Inc (NASDAQ: CRWD) after the company released its latest earnings report.
