Hotel operator Marcus misses Q3 revenue estimates, to buy back more shares

Marcus

31/10/2025 11:55

Overview

Marcus fiscal Q3 revenue decreases 9.7% yr/yr, missing analyst expectations

Adjusted EBITDA for fiscal Q3 misses analyst estimates

Company repurchases $9 mln in shares, authorizes buyback of up to 4 mln additional shares

Outlook

Marcus anticipates strong film slate for remainder of 2025 and into 2026

Company expects continued strength in group business at Marcus Hotels

Marcus Board authorizes repurchase of up to 4.0 mln additional shares

Result Drivers

HOTEL REVENUE GROWTH - Marcus Hotels & Resorts achieved revenue growth despite a tough comparison to last year's Republican National Convention boost

THEATRE REVENUE DECLINE - Marcus Theatres' revenue decreased due to fewer blockbuster films and an unfavorable film mix

SHARE REPURCHASES - Marcus repurchased $9 mln in shares and authorized buyback of up to 4 mln additional shares

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$210.20 mln
$214.80 mln (5 Analysts)
Q3 EPS
$0.52
Q3 Net Earnings
$16.20 mln
Q3 Adjusted EBITDA
Miss
$40.40 mln
$42.80 mln (4 Analysts)
Q3 Operating Income
$22.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the leisure & recreation peer group is "buy"

Wall Street's median 12-month price target for Marcus Corp is $24.00, about 44.9% above its October 30 closing price of $13.23

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 30 three months ago

Press Release: ID:nBw67brGYa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)