MILWAUKEE (AP) — MILWAUKEE (AP) — Marcus Corp. (MCS) on Thursday reported fourth-quarter net income of $6 million.
On a per-share basis, the Milwaukee-based company said it had net income of 19 cents. Losses, adjusted for pretax gains, came to 6 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The operator of movie theaters, hotels and resorts posted revenue of $193.5 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $184.6 million.
For the year, the company reported profit of $12.7 million, or 41 cents per share. Revenue was reported as $758.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCS at https://www.zacks.com/ap/MCS
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