Investing.com - Reading Int B reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Reading Int B announced earnings per share of $-0.23 on revenue of $51.2M. Analysts polled by Investing.com EPS of $-0.03 on revenue of $64.23M.
Reading Int B 's are down 28.9% and is trading at $19.28 , still down 49.05% from its 52 week high of $37.84 set on Wednesday, August 17, 2022.
Reading Int B shares lost 1.63% to trade at $19.28 in intra-day trade the report.
Reading Int B follows other major Communication Services sector earnings this month
Reading Int B'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, EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, for EPS of $1.93 on revenue of $27.57B.
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