Marcus Corporation (MCS) Misses Q2 EPS by 2c

Marcus Corporation (NYSE: MCS) reported Q2 EPS of $0.18, $0.02 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $115.7 million versus the consensus estimate of $119.1 million.

“Although the theatre division had a challenging second quarter, both divisions still achieved record operating income for the first 26 weeks of the transition period. Second quarter results for Marcus Hotels & Resorts benefited from a higher average daily rate and strong cost controls, which helped to offset the impact of a weaker film slate and a significant number of screens out of service for upgrades for Marcus Theatres,” said Gregory S. Marcus, president and chief executive officer of The Marcus Corporation.

For earnings history and earnings-related data on Marcus Corporation (MCS) click here.

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