Marcus reports Q4 EPS (5c), consensus (17c)

Reports Q4 revenue $161.53M, consensus $154.5M. “Our fiscal year 2023 results marked another year of significant growth as both Marcus Theatres and Marcus Hotels & Resorts continued to drive operational excellence at our movie theatres and our hotels and resorts,” said Gregory S. Marcus, chief executive officer of The Marcus Corporation. “Marcus Theatres’ results improved in fiscal 2023 thanks to a wide array of new movies that appealed to diverse audiences. Our hotel division had another good year, driven by continued strength in the leisure travel market and growth in group events. As we look ahead, we remain optimistic about the long-term future of our company thanks to our experienced team, diverse business model, strong operating fundamentals, opportunities for strategic growth, and compelling assets and offerings.”