Marcus (MCS) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Marcus (MCS) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on August 1, with a consensus EPS estimate of $0.19 per share, reflecting a year-over-year increase of +211.8% [3]. - Revenues are projected to reach $204.75 million, which is a 16.3% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 6.23% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Marcus aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with a positive ESP being a strong predictor of an earnings beat [9][10]. - However, Marcus currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, Marcus was expected to post a loss of $0.52 per share but actually reported a loss of -$0.54, resulting in a surprise of -3.85% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates twice [14]. Conclusion - While Marcus does not appear to be a compelling candidate for an earnings beat, investors should consider other factors before making investment decisions [17].