Marcus Corp reports results for the quarter ended in December - Earnings Summary

Marcus

29/02/2024 15:24

* Marcus Corp  MCS.N  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -30
cents.  The mean expectation of two analysts for the quarter was
for a loss of 17 cents per share. Wall Street expected
results to range from -22 cents to -12 cents per share.
    * Revenue fell 0.9% to $161.53 million from a year ago;
analysts
expected $154.50 million. 
    * Marcus Corp's reported EPS for the quarter was a loss of 5
cents​.
    * The company reported a quarterly loss of $1.44 million.
    * Marcus Corp shares had risen by 1.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "buy"

Wall Street's median 12-month price target for Marcus Corp is
$19.50 
This summary was machine generated from LSEG data February 29 at
03:23 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.17          -0.05          Beat
 Sep. 30 2023      0.34           0.31           Missed
 Jun. 30 2023      0.29           0.35           Beat
 Mar. 31 2023      -0.19          -0.31          Missed