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Marcus (NYSE:MCS) Announces Earnings Results, Misses Estimates By $0.02 EPS

Marcus logo with Consumer Discretionary background

Marcus (NYSE:MCS - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.52) by ($0.02), Zacks reports. The business had revenue of $148.77 million for the quarter, compared to analysts' expectations of $145.50 million. Marcus had a positive return on equity of 1.39% and a negative net margin of 1.44%.

Marcus Trading Down 1.0 %

NYSE:MCS traded down $0.16 on Tuesday, reaching $16.23. The company's stock had a trading volume of 328,796 shares, compared to its average volume of 201,118. The firm has a market cap of $515.32 million, a price-to-earnings ratio of -47.74, a price-to-earnings-growth ratio of 3.12 and a beta of 1.22. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. Marcus has a 12-month low of $9.56 and a 12-month high of $23.16. The stock has a 50 day moving average price of $16.54 and a 200 day moving average price of $19.38.

Marcus Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Tuesday, February 25th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend was Tuesday, February 25th. Marcus's dividend payout ratio is presently -107.69%.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Benchmark reiterated a "buy" rating and issued a $25.00 target price on shares of Marcus in a research report on Friday, April 11th. StockNews.com cut Marcus from a "buy" rating to a "hold" rating in a report on Tuesday, March 11th. Finally, Barrington Research reaffirmed an "outperform" rating and issued a $25.00 price target on shares of Marcus in a report on Tuesday.

Read Our Latest Research Report on MCS

About Marcus

(Get Free Report)

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names.

Further Reading

Earnings History for Marcus (NYSE:MCS)

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