Marcus Q3 Profit Declines

(RTTNews) - Marcus Corp. (MCS) Thursday reported third quarter net earnings attributable to the company of $10.978 million, down 23.6 percent from $14.372 million a year ago. On a per share basis, earnings decreased to $0.39 from $0.51 in the prior year.

On average, 3 analysts polled by Thomson Reuters expected the company to earn $0.37 per share. Analysts estimates usually exclude special items.

Revenue for the quarter increased 6.3 percent to $153.82 million from $144.69 million in the same quarter a year ago. Wall Street was looking for revenue of $153.92 million.