24.10.2019 14:45:15

Marcus Corp. Q3 Profit Down - Quick Facts

(RTTNews) - Marcus Corp. (MCS) reported that its net earnings attributable to the company for the third quarter of fiscal 2019 ended September 26, 2019 were $14.29 billion, a 12.0% decrease from $16.23 billion for the third quarter of fiscal 2018. Net earnings per share were $0.46 for the third quarter of fiscal 2019, a 17.9% decrease from last year.

Adjusted net earnings attributable to the company were $15.53 million, a 0.2% increase from the prior year.

Adjusted net earnings per share were $0.50, a 7.4% decrease from $0.54 prior year.

Total revenues for the third quarter of fiscal 2019 were $211.46 million, a 24.0% increase from $170.60 million in the prior year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.55 per share and revenues of $205.4 million for the quarter. Analysts' estimates typically exclude special items.

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