Marcus Corporation (MCS) Tops Q1 EPS by 11c

Marcus Corporation (NYSE: MCS) reported Q1 EPS of $0.20, $0.11 better than the analyst estimate of $0.09. Revenue for the quarter came in at $125 million versus the consensus estimate of $119.25 million.

“Fiscal 2016 is off to a great start, with record revenues for The Marcus Corporation, compared to comparable periods in prior years. Marcus Theatres reported record results and again outperformed the industry and Marcus Hotels & Resorts’ operating loss improved significantly during what is traditionally a slower season,” said Gregory S. Marcus, president and chief executive officer of The Marcus Corporation. He noted that last year’s first quarter included the extremely busy week between Christmas and New Year’s Eve, which negatively impacted comparisons to this year, while the fiscal 2016 first quarter results in the theatre division benefited from an earlier Easter week."

For earnings history and earnings-related data on Marcus Corporation (MCS) click here.

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