Marcus Corp reports results for the quarter ended June 30 - Earnings Summary

• Marcus Corp MCS reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -64 cents. The mean expectation of four analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 13 cents to 23 cents per share.

• Revenue rose 17% to $206.04 million from a year ago; analysts expected $200.47 million.

• Marcus Corp's reported EPS for the quarter was 23 cents​.

• The company reported quarterly net income of $7.32 million.

• Marcus Corp shares had fallen by 2.9% this quarter and lost 23.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 58% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the leisure & recreation peer group is also "buy"

• Wall Street's median 12-month price target for Marcus Corp is $25.00, about 34.5% above its last closing price of $16.37

This summary was machine generated from LSEG data August 1 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)