Investing.com - Reading Int reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Reading Int announced earnings per share of $-0.230 on revenue of $51.2M. Analysts polled by Investing.com anticipated EPS of $-0.034 on revenue of $64.23M.
Reading Int shares are down 28.9% from the beginning of the year and are trading at $3.300 , down-from-52-week-high.
Reading Int shares gained 3.12% in intra-day trade the report.
Reading Int follows other major Communication Services sector earnings this month
Reading Int's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Alphabet A had missed expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.06 on revenue of $69.09B, compared to forecast for EPS of $1.28 on revenue of $71.34B.
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