The Marcus Corporation Reports First Quarter Fiscal 2020 Results

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Marcus Corporation (MCS) Tops Q1 EPS by 11c, Revenues Beat

May 5, 2020 7:46 AM EDT

Marcus Corporation (NYSE: MCS) reported Q1 EPS of ($0.29), $0.11 better than the analyst estimate of ($0.40). Revenue for the quarter came in at $159.46 million versus the consensus estimate of $139.79 million.

First Quarter Fiscal 2020 Highlights

Total revenues for the first quarter of fiscal 2020 were $159,460,000, a 6.2% decrease from total revenues of $170,039,000 for the first quarter of fiscal 2019.Operating loss was $22,200,000 for the first quarter of fiscal 2020, compared to operating income of $4,950,000 for the prior year quarter.Net loss attributable to The Marcus Corporation was $19,352,000 for the first quarter of fiscal 2020, compared to net... More