Reading International Q2 2021: $1.04 EPS, $22.7M net income from $43.7M real estate gains

READING INTERNATIONAL INC

2021-Q2 EPS reported $1.86 revenue$57,339,000

GAAP basic EPS $1.04 vs ($1.04) loss in Q2 2020; net income attributable to common shareholders $22.7M.
Worldwide continuing-ops revenue $36.0M (up from $3.4M); operating loss narrowed to $12.5M from $22.2M.
Sold Auburn/Redyard (AU$90M) and Royal George ($7.1M) generating $43.7M gain; total YTD real estate sales $138M.
Adjusted EBITDA $37.1M vs ($16.9M) in Q2 2020; bank debt reduced $34.6M; cash $111.8M at June 30, 2021.

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