The Marcus Corporation (NYSE:MCS) is set to announce second quarter earning results on Tuesday 4th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, MCS to report 2Q20 loss of $ 1.61 per share.
For the full year, analysts anticipate top line of $ 382.64 million, while looking forward to loss of $ 3.46 per share bottom line.
Previous Quarter Performance
The Marcus Corporation reported loss for the first quarter of $ 0.29 per share, from the revenue of $ 159.46 million. The quarterly revenues lowered 6.12 percent compared with the same quarter last year. According to street consensus, MCS was expected to report 1Q20 loss of $ 0.40 per share from revenue of $ 139.79 million. The bottom line results beat street analysts by $ 0.11 or 27.50 percent, at the same time, top line results outshined analysts by $ 19.67 million or 14.07 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of MCS was $ 13.31, representing a 91.51 % increase from the 52 week low of $ 6.95 and a 64.64 % decrease over the 52 week high of $ 37.64.
The company has a market capital of $ 413.37 million and is part of the Consumer Cyclical sector and Media – Diversified industry.
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Conference Call
The Marcus Corporation will be hosting a conference call at 11:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.marcuscorp.com
The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. As of March 12, 2019, it owned or operated 1,098 screens at 90 locations in 17 states; and owned and managed 21 hotels, resorts, and other properties in nine states. The company also operates a family entertainment center under the Funset Boulevard name in Appleton, Wisconsin, as well as owns and operates a retail outlet under the name of Ronnies Plaza.
