Marcus Corporation (MCS) Tops Q3 EPS by 13c, Revenues Beat

Marcus Corporation (NYSE: MCS) reported Q3 EPS of $0.56, $0.13 better than the analyst estimate of $0.43. Revenue for the quarter came in at $170.6 million versus the consensus estimate of $160.23 million.

“The third quarter of 2018 was another record for The Marcus Corporation, with record revenues and net earnings,” said Gregory S. Marcus, president and chief executive officer of The Marcus Corporation. “In what historically is a strong quarter, the team at Marcus Hotels & Resorts did not disappoint, delivering record revenue and operating income. Marcus Theatres reported record revenues and had yet another very profitable quarter, although its operating income was impacted by several one-time costs and a film mix that contributed to slightly higher film costs.”

“For the first nine months of the year, The Marcus Corporation achieved record revenues, operating income and net earnings thanks to record revenues and operating income from both divisions,” said Marcus.

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

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