Marcus Corp. (MCS) released a profit for its third quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $23.31 million, or $0.73 per share. This compares with $12.23 million, or $0.32 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 11.4% to $232.67 million from $208.77 million last year.
Marcus Corp. earnings at a glance (GAAP) :
-Earnings (Q3): $23.31 Mln. vs. $12.23 Mln. last year.
-EPS (Q3): $0.73 vs. $0.32 last year.
-Revenue (Q3): $232.67 Mln vs. $208.77 Mln last year.
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