News

We provide the latest news
from the world of economics and finance

Back
29 February
Marcus Q4 Net Loss Sharply Narrows

(RTTNews) - Marcus Corp. (MCS) reported on Thursday that net loss attributable to the company for the fourth quarter sharply narrowed to $1.44 million or $0.05 per share from $9.32 million or $0.30 per share in the prior-year quarter.

Total revenues for the quarter edged down 0.9 percent to $161.53 million from $162.95 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report a loss of $0.17 per share on revenues of $154.50 million for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.