Marcus Q1 Profit Increases

(RTTNews) - Marcus Corp. (MCS) reported that its net earnings attributable to the company for the first quarter of fiscal 2016 were $14.65 million, a 17.8% increase from $12.43 million in the first quarter of fiscal 2015. Net earnings per share were $0.53, a 17.8% increase from $0.45 last year.

Total revenues for the first quarter of fiscal 2016 were $149.19 million, a 13.2% increase from revenues of $131.77 million in the prior year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.52 per share and revenues of $143.67 million for the quarter. Analysts' estimates typically exclude special items.