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Marcus Corp. Q3 Profit Down - Quick Facts

(RTTNews) - Marcus Corp. (MCS) reported that its net earnings attributable to the company for the third quarter of fiscal 2019 ended September 26, 2019 were $14.29 billion, a 12.0% decrease from $16.23 billion for the third quarter of fiscal 2018. Net earnings per share were $0.46 for the third quarter of fiscal 2019, a 17.9% decrease from last year.

Adjusted net earnings attributable to the company were $15.53 million, a 0.2% increase from the prior year.

Adjusted net earnings per share were $0.50, a 7.4% decrease from $0.54 prior year.

Total revenues for the third quarter of fiscal 2019 were $211.46 million, a 24.0% increase from $170.60 million in the prior year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.55 per share and revenues of $205.4 million for the quarter. Analysts' estimates typically exclude special items.

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

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