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

Marcus

01/11/2023 13:33

* Marcus Corp  MCS.N  reported quarterly adjusted earnings
of 31
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 10 cents.  The mean expectation of two analysts for the
quarter was for earnings of 34 cents per share. Wall Street
expected results to range from 29 cents to 38 cents per share.
    * Revenue rose 8.2% to $198.78 million from a year ago;
analysts
expected $206.50 million. 
    * Marcus Corp's reported EPS for the quarter was 32 cents​.
    * The company reported quarterly net income of $12.23
million.
    * Marcus Corp shares had risen by 0.3% this quarter and
gained 8.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 76.3%
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
01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.34           0.31           Missed
 Jun. 30 2023      0.29           0.35           Beat
 Mar. 31 2023      -0.19          -0.31          Missed
 Dec. 31 2022      -0.17          -0.30          Missed