The Marcus Corporation Reports Second Quarter Fiscal 2020 Results

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Marcus Corporation (MCS) Tops Q2 EPS by 24c, Revenues Beat

August 4, 2020 7:47 AM EDT

Marcus Corporation (NYSE: MCS) reported Q2 EPS of ($1.37), $0.24 better than the analyst estimate of ($1.61). Revenue for the quarter came in at $7.93 million versus the consensus estimate of $2.98 million.

Second Quarter Fiscal 2020 Highlights

Total revenues for the second quarter of fiscal 2020 were $7,933,000, compared to total revenues of $232,500,000 for the second quarter of fiscal 2019.Operating loss was $53,062,000 for the second quarter of fiscal 2020, compared to operating income of $27,475,000 for the prior year quarter.Net loss attributable to The Marcus Corporation was $27,029,000 for the second quarter of fiscal 2020, compared to net earnings... More