Marcus Corp reports results for the quarter ended in January 1 - Earnings Summary

Marcus

01/11/2024 03:43

* Marcus Corp  MCS.N  reported quarterly adjusted earnings
of 73
cents​​ per share for the quarter ended January 1, higher than
the same quarter last year, when the company reported EPS of 31
cents.  The mean expectation of two analysts for the quarter was
for earnings of 46 cents per share. Wall Street expected
results to range from 43 cents to 49 cents per share.
    * Revenue rose 11.4% to $232.67 million from a year ago;
analysts
expected $212.12 million. 
    * Marcus Corp's reported EPS for the quarter was 73 cents​.
    * The company reported quarterly net income of $23.31
million.
    * Marcus Corp shares had risen by 13.9% this quarter and
gained 17.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 29.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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
$20.00 
This summary was machine generated from LSEG data November 1 at
03:42 a.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
 Sep. 30 2024      0.03           0.73           Beat
 Jun. 30 2024      0.03           -0.64          Missed
 Mar. 31 2024      -0.37          -0.38          Missed
 Dec. 31 2023      -0.17          -0.05          Beat