Marcus Corp. Q2 Profit Declines - Quick Facts

(RTTNews) - The Marcus Corp. (MCS) reported that its second-quarter net earnings attributable to company decreased to $3.245 million, from $4.724 million, last year. Net earnings per share was $0.12, compared to $0.17, prior year. The company said its net earnings were impacted by a pre-tax loss of approximately $750 thousand or approximately $0.02 per share, resulting from the sale of the company's minority ownership interest in a hotel joint venture.

Analysts polled by Thomson Reuters expected the company to report profit per share of $0.16 for the quarter. Analysts' estimates typically exclude special items.

Total revenues were $100.59 million, compared to nearly identical revenues of $100.63 million, a year ago. Analysts expected revenue of $100.44 million for the quarter.