Marcus (MCS) Scheduled to Post Quarterly Earnings on Thursday

Marcus (NYSE:MCS) is scheduled to be releasing its earnings data before the market opens on Thursday, April 26th. Analysts expect Marcus to post earnings of $0.40 per share for the quarter.

Marcus (NYSE:MCS) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.08. The firm had revenue of $158.16 million for the quarter, compared to analysts’ expectations of $156.52 million. Marcus had a return on equity of 10.48% and a net margin of 10.44%. The company’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 EPS. On average, analysts expect Marcus to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Marcus stock opened at $30.90 on Tuesday. The company has a market cap of $864.37, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 1.21 and a beta of 0.47. Marcus has a 52-week low of $23.55 and a 52-week high of $34.90. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.71.

In related news, VP Thomas F. Kissinger sold 7,500 shares of the stock in a transaction on Monday, March 19th. The stock was sold at an average price of $30.62, for a total value of $229,650.00. Following the transaction, the vice president now directly owns 84,843 shares in the company, valued at approximately $2,597,892.66. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Diane M. Gershowitz sold 12,750 shares of the stock in a transaction on Friday, April 6th. The stock was sold at an average price of $30.86, for a total value of $393,465.00. Following the completion of the transaction, the director now owns 7,482 shares in the company, valued at $230,894.52. The disclosure for this sale can be found here. Insiders have sold a total of 44,250 shares of company stock worth $1,343,255 over the last 90 days. Company insiders own 32.88% of the company’s stock.

A number of research firms have issued reports on MCS. Zacks Investment Research cut Marcus from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Barrington Research restated a “buy” rating and set a $36.00 price target on shares of Marcus in a report on Monday, February 26th. Finally, B. Riley restated a “buy” rating and set a $34.00 price target on shares of Marcus in a report on Monday, January 22nd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $34.00.

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Marcus Company Profile

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts. As of December 28, 2017, the company operated approximately 69 movie theatres with 895 screens in Wisconsin, Illinois, Iowa, Minnesota, Missouri, Nebraska, North Dakota, and Ohio; owned or managed approximately 4,841 hotel and resort rooms; and 19 hotels, resorts, and other properties for third parties in nine states.

Earnings History for Marcus (NYSE:MCS)

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