$0.10 Earnings Per Share Expected for The Marcus Co. (NYSE:MCS) This Quarter

Wall Street brokerages expect that The Marcus Co. (NYSE:MCSGet Rating) will post earnings of $0.10 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Marcus’ earnings. The lowest EPS estimate is $0.01 and the highest is $0.19. Marcus posted earnings of ($0.67) per share in the same quarter last year, which indicates a positive year-over-year growth rate of 114.9%. The business is expected to announce its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Marcus will report full year earnings of ($0.08) per share for the current financial year, with EPS estimates ranging from ($0.20) to $0.05. For the next year, analysts anticipate that the firm will post earnings of $0.96 per share, with EPS estimates ranging from $0.95 to $0.96. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover Marcus.

Marcus (NYSE:MCSGet Rating) last announced its earnings results on Thursday, May 5th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.12). The firm had revenue of $132.24 million for the quarter, compared to analyst estimates of $119.75 million. Marcus had a negative net margin of 5.57% and a negative return on equity of 7.70%. During the same period last year, the firm earned ($0.96) earnings per share.

MCS has been the subject of a number of analyst reports. StockNews.com cut shares of Marcus from a “buy” rating to a “hold” rating in a research note on Wednesday, April 20th. Barrington Research reissued a “buy” rating and issued a $24.00 target price on shares of Marcus in a research note on Friday, May 6th. Zacks Investment Research lowered Marcus from a “buy” rating to a “hold” rating in a research note on Tuesday, May 10th. Finally, TheStreet cut Marcus from a “c-” rating to a “d+” rating in a report on Monday, February 7th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $23.75.

Shares of NYSE:MCS traded up $0.31 during midday trading on Tuesday, hitting $14.74. 1,783 shares of the stock were exchanged, compared to its average volume of 202,190. Marcus has a 52-week low of $13.81 and a 52-week high of $22.87. The business’s fifty day simple moving average is $16.52 and its two-hundred day simple moving average is $17.59. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.35 and a current ratio of 0.35. The company has a market capitalization of $465.93 million, a PE ratio of -14.74 and a beta of 1.66.

Institutional investors have recently made changes to their positions in the stock. Nisa Investment Advisors LLC boosted its holdings in Marcus by 50.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 2,080 shares of the company’s stock worth $35,000 after purchasing an additional 700 shares during the last quarter. KBC Group NV bought a new stake in shares of Marcus during the 3rd quarter valued at $75,000. Morgan Dempsey Capital Management LLC grew its holdings in shares of Marcus by 24.7% during the first quarter. Morgan Dempsey Capital Management LLC now owns 4,858 shares of the company’s stock worth $86,000 after purchasing an additional 962 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Marcus by 16.0% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 5,135 shares of the company’s stock worth $92,000 after acquiring an additional 707 shares in the last quarter. Finally, Metropolitan Life Insurance Co NY grew its position in Marcus by 45.6% during the fourth quarter. Metropolitan Life Insurance Co NY now owns 5,884 shares of the company’s stock valued at $105,000 after acquiring an additional 1,843 shares during the last quarter. Institutional investors and hedge funds own 79.52% of the company’s stock.

Marcus Company Profile (Get Rating)

The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates in two segments, Theatres, and Hotels and Resorts. The Theatres segment operates multiscreen motion picture theatres, as well as Funset Boulevard, a family entertainment center.

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Earnings History and Estimates for Marcus (NYSE:MCS)

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