Reading RDI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track RDI free→Reading RDI? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track RDI free→NASDAQCommunication ServicesEntertainmentSnapshot 2026-06-15
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is neutral, and earnings quality cannot be assessed as the company was unprofitable over the past year. Management's recent track record has been steady, but risk is elevated, and the sector backdrop is a headwind. Peer multiples imply a price about 80% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples while recent financials are weak. If RDI cuts guidance on the next call, that could have a meaningful negative impact. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 2 valuation methods, at three horizons. Current price $1.23. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $1.23 RDI trades at 0× p/s, below its 1× p/s peer median. Our $6.06 fair value sits above the price; low confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 80% below a flat-multiple fair value, below our forecast of about 4%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
No fragility gates fired. Regime (Crisis) does not concentrate fragility.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Communication Services names rated neutral grew net income 46% of the time over the next year (vs 61% for the rest of the cohort, n=902).
Over the trailing year it converted -0.21x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates.
1 material management or governance event in the past 24 months, led by legal/regulatory items. Historically, Communication Services names rated stable grew net income 66% of the time over the next year (vs 56% for the rest of the cohort, n=208).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.06 → $0.06 (+0.0% / 30d). 1 raised, 0 cut, 1 covering analysts.
0 upgrades, 0 downgrades / 30d. 100% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$174.
How much price usually moves either way.
On a bad day, this stock has moved -$420.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $3,715.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Growth in the sector may show recovery. This could affect Reading International's performance.
Confirms:Sector revenue growth turns positive after being negative.
Disproves:Sector revenue growth remains negative or worsens.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for RDI yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
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.
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Movies & Entertainment.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
RDI Reading International Inc | Below typical Show detailsSector percentile: 16 of 100 | inexpensive | elevated |
NFLX Netflix | Above typical Show detailsSector percentile: 70 of 100 | expensive | moderate |
DIS Walt Disney Company (The) | Above typical Show detailsSector percentile: 91 of 100 | full | moderate |
LYV Live Nation Entertainment | Typical Show detailsSector percentile: 31 of 100 | expensive | moderate |
TKO TKO Group Holdings | Typical Show detailsSector percentile: 54 of 100 | expensive | moderate |
Not investment advice. As of 2026-06-15.
via XLC
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on enhancing the global cinema business with a stronger film slate.
Stated in 2 of last 2 quarters. Revenue declined from $60.4M in 2025-Q2 to $45.1M in 2026-Q1, indicating limited progress in improving the cinema business. Despite management's positive outlook, the financials show a declining trajectory.
“Management expects the first quarter 2026 global cinema business to improve over last year.”
“We remain confident that the fourth quarter will deliver an exciting rebound.”
Position the company to deliver a strong performance in 2026.
Newly stated in 2026-Q1. Despite management's confidence, revenue decreased from $50.3M in 2025-Q4 to $45.1M in 2026-Q1, and net income worsened from -$2.6M to -$8.1M, indicating challenges in achieving a strong 2026.
“We believe our Company is well-positioned to deliver a strong 2026.”
Results of Operations and Financial Condition. On March 31, 2026, Reading International, Inc. (the “Company”) issued a press release announcing information regarding its results of operations and financial condition for the year and quarter ended December 31, 2025, a copy of which is attached as Exhibit 99.1.
Results of Operations and Financial Condition. On November 14, 2025, Reading International, Inc. issued a press release announcing information regarding its results of operations and financial condition for the quarter ended September 30, 2025, a copy of which is attached as Exhibit 99.1.
Results of Operations and Financial Condition. On August 14, 2025, Reading International, Inc. issued a press release announcing information regarding its results of operations and financial condition for the quarter ended June 30, 2025, a copy of which is attached as Exhibit 99.1.