Marcus Corporation (MCS) Reports In-Line Q4 Revenue

Marcus Corporation (NYSE: MCS) reported Q4 EPS of $1.21, does not compare to the analyst estimate of $0.36. Revenue for the quarter came in at $158.2 million versus the consensus estimate of $158.18 million.

Net earnings attributable to The Marcus Corporation for the fourth quarter of fiscal 2017 were favorably impacted by a one-time reduction of deferred income taxes of $21.2 million related to the future lower federal tax rate resulting from the December 22, 2017 signing of the Tax Cuts and Jobs Act of 2017. The one-time adjustment increased fiscal 2017 net earnings attributable to The Marcus Corporation by approximately $0.75 per diluted common share.

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

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