Marcus Corporation Q2 revenue beats estimates on strong leisure demand
Reuters2026/07/30 11:56
Overview
US entertainment and hospitality firm's fiscal Q2 revenue rose 12.5%, beating analyst expectations
Adjusted EBITDA for Q2 rose 43% and beat analyst expectations
Company cites strong performance from both theatres and hotels divisions
Outlook
Company expects strong film slate to drive Marcus Theatres performance in second half 2026
Marcus Hotels Resorts sees continued leisure and group demand supporting results for remainder of 2026
Result Drivers
FILM SLATE AND ATTENDANCE - Co said theatres division saw highest admission revenue growth among top circuits, driven by a diverse slate of high-quality films and increased attendance
LEISURE DEMAND AND REVPAR - Hotels division posted record Q2 revenue and operating income, helped by strong leisure demand, higher occupancy and room rates, and a fully operational Hilton Milwaukee
GOLF COURSE OPENING - New short-course golf course at Grand Geneva Resort contributed to golf revenue growth in Q2
Company press release: ID:nBw9DxcWDa
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q2 Revenue |
Beat |
$231.70 mln |
$218.01 mln (5 Analysts) |
Q2 EPS |
|
$0.51 |
|
Q2 Net Earnings |
|
$15.80 mln |
|
Q2 Adjusted EBITDA |
Beat |
$46.20 mln |
$37.08 mln (5 Analysts) |
Q2 Operating Income |
|
$27.10 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"
Wall Street's median 12-month price target for Marcus Corp is $25.00, about 0.2% above its July 29 closing price of $24.96
The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 28 three months ago
Reuters Recommended Reads
July 30 - Cinemark Q2 revenue rises to record high, helped by market share gains
July 29 - Pebblebrook Hotel Trust Q2 hotel EBITDA rises on strong leisure, group demand at resorts
July 28 - Hilton Q2 adjusted EPS meets expectations on higher occupancy
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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