Overview

* Reading International ( RDI ) 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 ( RDI ) 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/Mis Actual Consensu

s s

Estimate

Q2 Beat $60.38 $59.40

Revenue mln mln (1

Analyst)

Q2 EPS Miss -$0.12 -$0.06

(1

Analyst)

Q2 Net Miss -$2.80 -$1.30

Income mln mln (1

Analyst)

Q2 Miss $2.89 $3.72

Operatin mln mln (1

g Income Analyst)

Q2 Miss -$1.58 -$1.44

Pretax mln mln (1

Profit Analyst)

Q2 Basic -$0.12

EPS

Press Release:

(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.)