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Marcus (MCS) Stock Surges 5.02% with Strong Trading Volume
Gurufocus· 2024-10-02 20:14
Marcus (MCS, Financial) experienced a notable stock price increase of 5.02%, currently trading at $15.91 per share. The trading volume reached 249,467 shares, with a turnover rate of 0.78% and a volatility of 4.75%. Recent financial reports for Marcus indicate a revenue of $176 million, a net income loss of $20.22 million, and an earnings per share (EPS) of -$0.63. The price-to-earnings (P/E) ratio stands at -22.64. Presently, no institutions have issued buy, hold, or sell ratings for Marcus. In the enterta ...
Wall Street Analysts Think Marcus (MCS) Could Surge 27.59%: Read This Before Placing a Bet
ZACKS· 2024-10-02 14:56
Shares of Marcus (MCS) have gained 7.5% over the past four weeks to close the last trading session at $15.15, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $19.33 indicates a potential upside of 27.6%. The average comprises three short-term price targets ranging from a low of $18 to a high of $20, with a standard deviation of $1.15. While the lowest estimate indicates an incre ...
Marcus (MCS) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2024-10-02 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. Our ...
Alexandria Real Estate Equities, Inc. Executive Chairman and Founder Joel S. Marcus to Be Honored With the Inaugural Bisnow Life Sciences Icon & Influencer Award
Prnewswire· 2024-09-10 12:30
PASADENA, Calif., Sept. 10, 2024 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative mega campuses in AAA life science innovation cluster locations, today announced that Joel S. Marcus, the company's executive chairman and founder, is being honored with the inaugural Bisnow Life Sciences Icon & Influencer Award tomorrow afternoon, Wednesday, September 11, 2024. This prestigious award highlight ...
Haivision MCS Awarded $61.2 Million Production Agreement by US Navy for Next-Generation Combat Visualization and Video Distribution Systems
Prnewswire· 2024-09-03 12:30
MONTREAL, Sept. 3, 2024 /PRNewswire/ - Haivision Systems Inc. ("Haivision") (TSX: HAI), a leading global provider of mission-critical, real-time video streaming and networking solutions, today announced that Haivision MCS, a subsidiary of Haivision, was awarded a significant five-year production agreement by the Naval Sea Systems Command (NAVSEA), with an estimated total value of $61.2 million USD (approximately $82 million CAD). This strategic agreement positions Haivision at the forefront of delivering cu ...
The Marcus(MCS) - 2024 Q2 - Earnings Call Transcript
2024-08-04 10:19
Start Time: 11:00 End Time: 11:57 March 1, 0000 ET Q2 2024 Earnings Conference Call August 01, 2024, 11:00 PM ET Company Participants Greg Marcus - Chairman, President and CEO Chad Paris - CFO and Treasurer Conference Call Participants Jim Goss - Barrington Research Mike Hickey - The Benchmark Company Eric Wold - B. Riley Securities Operator Good morning, everyone, and welcome to The Marcus Corporation Second Quarter Earnings Conference Call. My name is Lydia, and I will be your operator today. At this time ...
The Marcus(MCS) - 2024 Q2 - Quarterly Report
2024-08-01 20:20
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 27, 2024 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 1-12604 THE MARCUS CORPORATION | --- | --- | --- | --- | --- | --- | |-------------------------- ...
Compared to Estimates, Marcus (MCS) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-01 15:07
For the quarter ended June 2024, Marcus (MCS) reported revenue of $176.03 million, down 15% over the same period last year. EPS came in at -$0.17, compared to $0.35 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $170.74 million, representing a surprise of +3.10%. The company delivered an EPS surprise of -666.67%, with the consensus EPS estimate being $0.03. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...
Marcus (MCS) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-01 13:56
Marcus (MCS) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of $0.03. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -666.67%. A quarter ago, it was expected that this operator of movie theaters, hotels and resorts would post a loss of $0.38 per share when it actually produced a loss of $0.38, delivering no surprise. Over the last four quarters, the co ...
The Marcus(MCS) - 2024 Q2 - Quarterly Results
2024-08-01 12:48
Exhibit 99.1 NEWS RELEASE THE MARCUS CORPORATION STATION MILWAUKEE, WISCONSIN S3202-4125 WILWAUKEE, WISCONSIN S3202-4125 TELEPHONE FAX 414-905-2000 FAX 414-905-2669 A NYSE GMBRA THE MARCUS CORPORATION REPORTS SECOND QUARTER FISCAL 2024 RESULTS Momentum Building for Marcus Theatres; Continued Strong Performance From Marcus Hotels & Resorts Milwaukee, August 1, 2024 … The Marcus Corporation (NYSE: MCS) today reported results for the second quarter fiscal 2024 ended June 27, 2024. "Marcus Hotels & Resorts cont ...