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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.
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Marcus Slips To Loss In Q4
Marcus Corp. (MCS) reported on Thursday a net loss attributable to the company of $9.32 million or $0.30 per share for the fourth quarter, compared to net income of $6.44 million or $0.18 per share in the prior-year quarter.
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TSX Rises Over 1%; Materials, Energy Stocks Move Up Sharply
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U.S. Service Sector Activity Returns To Expansion In October
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Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. rebounded by more than expected in the month of October. ADP said private sector employment climbed by 42,000 jobs in October after slipping by a revised 29,000 jobs in September. Economists had expected private sector employment to rise by 25,000 jobs.
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U.S. Private Sector Adds 42,000 Jobs In October, More Than Expected
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Higher Commodity Prices, Bargain Hunting May Lift Canadian Stocks At Open
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Wall Street May Open With Slightly Negative Bias
Slightly lower S&P and Nasdaq futures amid valuation concerns indicate a flat to negative start for stocks on Wall Street Wednesday morning.
Data on manufacturing and services sector activity in the U.S. in the month of October may provide some direction to the mark
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FTSE 100 Recovers After Weak Start, Up Marginally At Noon
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