Earnings Outlook For Marcus

Marcus (NYSE:MCS) is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Marcus to report an earnings per share (EPS) of $0.46.

Marcus bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

In the previous earnings release, the company missed EPS by $0.20, leading to a 4.19% increase in the share price the following trading session.

Here's a look at Marcus's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.03

-0.37

-0.17

0.33

EPS Actual

-0.17

-0.38

-0.05

0.32

Price Change %

4.0%

-1.0%

-2.0%

-0.0%

Analyst Views on Marcus

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Marcus.

With 3 analyst ratings, Marcus has a consensus rating of Outperform. The average one-year price target is $20.0, indicating a potential 18.98% upside.

Peer Ratings Comparison

The following analysis focuses on the analyst ratings and average ...