Shares of Marcus Corporation (NYSE: MCS) plummeted 5.25% in pre-market trading on Tuesday following the release of the company's disappointing first-quarter 2025 financial results. The cinema and resort operator reported wider losses and missed analyst expectations, despite an increase in revenue.
Marcus reported a quarterly loss of $0.54 per share, which was worse than the analyst consensus estimate of a $0.48 loss. This represents a significant 42.11% increase in losses compared to the same period last year when the company reported a loss of $0.38 per share. The widening losses appear to have spooked investors, contributing to the sharp decline in stock price.
Despite the disappointing bottom line, Marcus did report some positive news on the revenue front. The company's quarterly sales came in at $148.77 million, beating the analyst consensus estimate of $139.89 million by 6.34%. This represents a 7.38% increase over sales of $138.55 million in the same period last year. However, the revenue growth was not enough to offset concerns about the company's profitability. Marcus also reported an adjusted EBITDA of negative $300,000 and an operating loss of $20.4 million for the quarter, further highlighting the challenges faced by the company.
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