earnings
confidence high
sentiment positive
materiality 0.75
Marcus Corp returns to profitability in Q3 fiscal 2021; EPS $0.06 vs -$1.30 YoY
MARCUS CORP
- Net income $1.759M vs loss $39.44M; diluted EPS $0.06 vs -$1.30.
- Total revenues $145.9M vs $33.6M; Adj EBITDA $24.5M vs -$25.8M.
- Marcus Theatres returned to positive Adj EBITDA; outperformed industry by ~8pp in Q3.
- Marcus Hotels & Resorts RevPAR improved; outperformed industry by ~14pp vs FY2019 Q3.
- Balance sheet: $197M cash/credit availability; term loan reduced to $50M, maturity extended to Sep 2022.