Hotels and entertainment firm Marcus beats Q2 revenue estimates

Marcus

01/08/2025 12:55

Overview

Marcus fiscal Q2 2025 revenue grows 17% yr/yr, beating analyst expectations

Adjusted EBITDA for fiscal Q2 2025 rises 46.9%, beating consensus

Marcus Theatres drives growth with improved film slate and attendance

Outlook

Marcus expects strong film slate to drive theatre attendance

Company anticipates continued group demand at renovated hotels

Marcus sees softening in leisure travel industry-wide

Result Drivers

FILM SLATE - Marcus Theatres saw increased attendance due to a strong slate of new films, boosting revenue

RENOVATIONS - Marcus Hotels & Resorts experienced growth in group business despite room displacement from Hilton Milwaukee renovations

CONCESSION REVENUE - Average concession revenues per person rose 3.1% due to premium large format screens

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$206 mln
$200.50 mln (5 Analysts)
Q2 Net Earnings
$7.30 mln
Q2 Adjusted EBITDA
Beat
$32.30 mln
$30.70 mln (5 Analysts)
Q2 Operating Income
$13 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 $25.00, about 34.5% above its July 31 closing price of $16.37

The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 38 three months ago

Press Release: ID:nBw1B2GZLa

(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.)