NYSE$MCS

The Marcus Corporation · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported strong operating performance and liquidity, leading to first cash dividend post-pandemic.

The Marcus Corporation reported a strong second quarter with significant improvements in revenue, operating income, and Adjusted EBITDA. Both the Theatres and Hotels & Resorts divisions contributed to the positive results, generating $49 million in cash from operations. The company reinstated its quarterly cash dividend, reflecting its commitment to returning value to shareholders.

  • Total revenues increased by 114.5% to $198.6 million compared to the prior year.
  • Operating income was $18.9 million, a significant improvement from the prior year's operating loss of $26.1 million.
  • Net earnings attributable to The Marcus Corporation was $9.0 million, compared to a net loss of $23.4 million in the prior year.
  • The Board of Directors declared a quarterly cash dividend of $0.05 per share of common stock.

Headline financials

Total Revenue

$199M

Previous: $92.5M+114.5%
EPS (adj)

$0.24

Previous: -$0.67+135.8%
Adjusted EBITDA

$37.3M

No prior period
Capital Expenditures

-$16.3M

Previous: -$6.2M-163.8%
Free Cash Flow

-$7.38M

Previous: -$29.6M+75.0%
Net Income

$8.96M

Previous: -$23.4M+138.3%
Operating Income

$18.9M

Previous: -$26.1M+172.4%
Gross Profit

$199M

Previous: $92.5M+114.5%
Cash & Equivalents

$57.7M

Previous: $8.67M+566.2%
Total Assets

$1.17B

Previous: $1.22B-4.0%

Revenue & EPS history

Marcus · Revenue · Quarterly

$199M

Q2 2022+114.5%vs Q2 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Marcus · $69M total across 1 segment · Q2 2022

  • Marcus Hotels & Resorts
    $69M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.8%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.8%

Avg return

30 days after

57%

34 / 60 earnings

Positive

+20.1%

Q3 2024

Best reaction

-11.5%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.2%-4.4%-0.6%
Q4 2025+3.2%+8.3%+4.7%
Q3 2025-0.5%+9.9%+18.1%
Q1 2025-1.1%+3.4%+4.5%
Q4 2024-11.2%-17.4%-20.6%
Q3 2024+20.1%+25.0%+31.9%
Q2 2024+4.6%+2.1%+12.4%
Q1 2024-9.2%-14.3%-18.8%
Q4 2023-3.0%-2.6%-3.6%
Q3 2023-1.5%-0.6%-8.9%
Q2 2023+3.3%+4.8%-3.4%
Q1 2023-5.4%-9.7%-10.9%
Q4 2022+0.1%+0.1%+0.1%
Q3 2022+3.4%+5.6%+12.7%
Q2 2022+5.2%+6.8%-6.1%
Q1 2022-7.8%-8.0%-1.8%
Q4 2021-0.1%-4.5%-3.7%
Q3 2021+3.5%+8.0%-8.7%
Q2 2021+2.6%-1.9%-3.2%
Q1 2021-2.4%-3.3%+14.1%
Q4 2020+3.9%+6.8%-1.0%
Q3 2020+2.6%+7.4%+48.6%
Q2 2020-0.3%+1.2%+19.0%
Q1 2020-11.5%-5.9%+17.9%
Q4 2019+2.0%-8.1%-65.9%
Q3 2019-2.7%-0.9%-15.5%
Q2 2019+5.4%+5.6%+0.4%
Q1 2019-1.7%-3.0%-7.5%
Q4 2018+4.1%+2.9%-4.7%
Q3 2018-5.3%-5.5%+2.0%
Q2 2018+12.1%+18.1%+20.1%
Q1 2018-2.4%-2.1%+2.6%
Q4 2017+4.0%+3.4%+12.5%
Q3 2017-0.6%+1.7%+4.1%
Q2 2017-1.3%-4.3%-8.4%
Q1 2017+1.7%-0.3%+0.9%
Q4 2016+7.4%+5.1%+4.2%
Q3 2016+4.3%+4.7%+24.7%
Q2 2016+3.0%+3.6%+8.0%
Q1 2016+0.2%
Q2 2015-1.5%
Q4 2015-1.4%
Q3 2015+1.0%
Q2 2014+2.1%
Q3 2014+9.7%
Q4 2013+0.2%
Q2 2013+0.1%
Q3 2013+3.1%
Q4 2012+1.7%
Q3 2012+0.9%
Q2 2012+1.3%
Q1 2012-2.5%
Q4 2011+1.3%
Q3 2011+13.6%
Q2 2011-1.0%
Q1 2011-0.2%
Q4 2010-2.5%
Q3 2010+7.7%
Q2 2010-8.6%
Q1 2009+1.3%

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