Marcus Corporation (NYSE: MCS) reported Q2 EPS of $0.65, $0.13 better than the analyst estimate of $0.52. Revenue for the quarter came in at $193.3 million versus the consensus estimate of $175.31 million.

Second Quarter Fiscal 2018 Highlights

• Total revenues for the second quarter of fiscal 2018 were a record $193,298,000, a 20.7% increase from revenues of $160,140,000 for the second quarter of fiscal 2017.
• Operating income for the second quarter of fiscal 2018 was a record $29,107,000, a 51.8% increase from operating income of $19,169,000 for the second quarter of fiscal 2017.
• Net earnings attributable to The Marcus Corporation were a record $18,619,000 for the second quarter of fiscal 2018, an 83.9% increase from net earnings attributable to The Marcus Corporation of $10,124,000 for the second quarter of fiscal 2017.
• Net earnings per diluted common share attributable to The Marcus Corporation were a record $0.65 for the second quarter of fiscal 2018, an 80.6% increase from net earnings per diluted common share attributable to The Marcus Corporation of $0.36 for the second quarter of fiscal 2017.

“The second quarter of 2018 was again another record quarter for The Marcus Corporation, with record revenues, operating income and net earnings. In fact, revenues in the quarter were the highest for any quarter in our history,” said Gregory S. Marcus, president and chief executive officer of The Marcus Corporation. “Not only did Marcus Theatres achieve its best quarter on record with significant increases in both revenues and operating income, it also considerably outperformed the industry, which also had a record quarter. While our theatre division drove our strong second quarter performance, revenues and operating income also improved for Marcus Hotels & Resorts.

“We are pleased to have had such a strong first half of the year, achieving two consecutive record quarters. Net earnings again benefitted from a lower income tax rate, which we expect will continue to positively impact the company over the long-term,” said Marcus.

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