The Marcus Corporation Reports Record Revenues and Operating Income for Fiscal 2018
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Marcus Corp. (MCS) PT Raised to $45 at Benchmark
February 22, 2019 9:20 AM ESTBenchmark analyst Mike Hickey raised the price target on Marcus Corp. (NYSE: MCS) to $45.00 (from $40.00) while maintaining a Buy rating following the company's 4Q report. Sales were $113M (Benchmark: $105M) or up 6.5% y/y; admissions and concessions sales were up 1% and 8%, respectively.
On... More
Marcus Corporation (MCS) Tops Q4 EPS by 6c, Revenues Beat
February 21, 2019 8:01 AM ESTMarcus Corporation (NYSE: MCS) reported Q4 EPS of $0.41, $0.06 better than the analyst estimate of $0.35. Revenue for the quarter came in at $175.03 million versus the consensus estimate of $168.67 million.
Total revenues for the fourth quarter of fiscal 2018 were a record $175,032,000, a 5.7% increase from total revenues of $165,581,000 for the fourth quarter of fiscal 2017.Operating income was $14,653,000 for the fourth quarter of fiscal 2018, a 17.8% decrease from operating income of $17,822,000 for the prior year quarter.Net earnings attributable to The Marcus Corporation were $8,720,000 for the fourth quarter of fiscal 2018, compared to net earnings... More