The Marcus Corporation Reports Third Quarter Fiscal 2019 Results

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Marcus Corporation (MCS) Misses Q3 EPS by 5c, Revenues Beat

October 24, 2019 7:47 AM EDT

Marcus Corporation (NYSE: MCS) reported Q3 EPS of $0.50, $0.05 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $211.46 million versus the consensus estimate of $205.4 million.

Third Quarter Fiscal 2019 Highlights

Total revenues for the third quarter of fiscal 2019 were a record $211,462,000, a 24.0% increase from revenues of $170,599,000 for the third quarter of fiscal 2018.Operating income for the third quarter of fiscal 2019 was $22,387,000, a 0.1% decrease from operating income of $22,413,000 for the third quarter of fiscal 2018.Net earnings attributable to The Marcus Corporation were $14,289,000 for the third quarter of fiscal 2019, a 12.0%... More