MCS

Wynn Resorts, Limited WYNN reported second-quarter 2026 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.Management highlighted healthy demand across the business, including a monthly Adjusted Property EBITDAR record in Las Vegas during May and strong performance in Macau. Wynn Palace led the quarter’s growth, with revenues rising 21.1% and Adjusted Property EBITDAR increasing 28.2% year over year. In the second quarter, the company reported adjusted earnings per share of $1.24, beating the Zacks Consensus Estimate of $1.01 by 22.8%. In the prior-year quarter, Wynn Resorts reported adjusted earnings of $1.09 per share.Quarterly operating revenues of $1.86 billion surpassed the consensus mark of $1.84 billion by 0.9%. The top line increased 6.9% from $1.74 billion reported in the year-ago quarter. Wynn Resorts, Limited price-consensus-eps-surprise-chart | Wynn Resorts, Limited Quote In the second quarter, Wynn Palace’s operating revenues amounted to $653.4 million compared with $539.6 million in the prior-year quarter. Casino revenues increased 25.9% year over year to $564.4 million, while food and beverage revenues rose 4.4% to $31.8 million.Rooms and entertainment, retail and other revenues declined 6% each to $36.2 million and $21.1 million, respectively. Adjusted Property EBITDAR increased to $201.5 million from $157.2 million, with the margin improving to 30.8% from 29.1%.In the VIP segment, table games turnover declined 32% year over year to $2.77 billion. The VIP table games win rate was 2.97% compared with 2.86% in the prior-year quarter and remained below the property’s expected range of 3.1% to 3.4%.Mass-market table drop increased 3% to $1.9 billion, while table games win rose 36.9% to $563.3 million. The mass-market table games win percentage improved to 29.7% from 22.3%. RevPAR declined 5.7% to $216, while occupancy was 98.9%. In the second quarter, Wynn Macau generated operating revenues of $351.1 million compared with $343.8 million reported in the prior-year quarter. Casino revenues increased 2.5% to $300.7 million, while entertainment, retail and other revenues rose 8.7% to $12.7 million.Rooms and food and beverage revenues declined 3.8% and 1.5% to $20.9 million and $16.8 million, respectively. Adjusted Property EBITDAR declined 1% to $95.5 million from $96.5 million.VIP table games turnover fell 56.4% year over year to $428.1 million. The VIP win rate declined to 2.58% from 3.41% and remained below the expected range.Mass-market table drop rose 8.3% to $1.75 billion, and table games win increased 6.9% to $300.2 million. Slot machine handle advanced 18%, while slot machine win climbed 38.6%. RevPAR declined 3.3% to $208. In the second quarter, operating revenues from Las Vegas Operations totaled $643.2 million compared with $638.6 million in the prior-year quarter. Casino revenues increased 6.5% to $158.1 million, while room revenues edged up 0.1% to $208.1 million.Food and beverage revenues rose 0.4% to $195.7 million. Entertainment, retail and other revenues declined 6.9% to $81.2 million. Adjusted Property EBITDAR decreased 8.3% to $215.2 million, with the margin contracting to 33.5% from 36.8%.Table drop increased 4.8% year over year to $638.2 million, while table games win rose 14.8% to $152.7 million. The table games win percentage improved to 23.9% from 21.8%.RevPAR increased 2.5% to $501, while the average daily rate rose 4.9% to $575. Occupancy declined to 87.1% from 89.2% in the year-ago quarter. In the second quarter, Encore Boston Harbor’s operating revenues amounted to $209.3 million compared with $215.7 million in the prior-year quarter. Casino revenues fell 5.9% to $152.1 million.Rooms and food and beverage revenues increased 9.7% and 7.4% to $25.1 million and $20.1 million, respectively. Entertainment, retail and other revenues declined 3.9% to $12 million.Adjusted Property EBITDAR decreased 12.2% to $56.1 million from $63.9 million. The table games win percentage fell to 18.1% from 21.3%.RevPAR increased 9.6% to $412, while the average daily rate rose 9.9% to $445. Occupancy was 92.7% compared with 92.9% in the prior-year quarter. In the second quarter, Adjusted Property EBITDAR totaled $568.3 million compared with $552.4 million in the year-ago quarter. The consolidated margin declined to 30.6% from 31.8%.Operating income increased to $297.6 million from $264.6 million reported in second quarter 2025. Net income attributable to Wynn Resorts rose to $140.1 million from $66.2 million reported in the prior year quarter. As of June 30, 2026, cash and cash equivalents totaled $1.57 billion, excluding $527.4 million of short-term investments held by Wynn Macau. Total current and long-term debt outstanding was $10.72 billion.The company repurchased 741,098 shares for $75 million during the quarter. Wynn Resorts also declared a cash dividend of 25 cents per share, payable Aug. 28, 2026. Wynn Al Marjan Island is expected to open in September 2027. Wynn Resorts currently has a Zacks Rank #4 (Sell).Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC. Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 9.50%, on average. The stock has surged 68.3% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.5% and 19.4%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 34.2%, on average. The stock has gained 100.7% in the year-to-date period. The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 8.3% and 605.9%, respectively, from the year-ago period’s levels.AMC Entertainment presently has a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 71.8% in the year-to-date period. The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wynn Resorts, Limited (WYNN) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Mattel, Inc. MAT reported second-quarter 2026 results, with adjusted earnings missing the Zacks Consensus Estimate but net sales surpassing the same. Revenues improved, while the bottom line declined sharply from the prior-year quarter.The company posted adjusted earnings of 1 cent per share, down from 21 cents a year earlier. The figure missed the Zacks Consensus Estimate of 3 cents by 66.7%, as higher advertising, selling and administrative expenses and margin pressure weighed on profitability. Mattel, Inc. price-consensus-eps-surprise-chart | Mattel, Inc. Quote Net sales of $1.13 billion increased 10% year over year and surpassed the consensus mark of $1.08 billion by 4.2%. Growth was led by North America, Vehicles and the Action Figures, Building Sets, Games and Other category. Vehicles gross billings rose 11% in constant currency. North America net sales increased 12% year over year. International net sales advanced 9% as reported and 5% in constant currency, supporting broad-based top-line growth during the quarter.Regional gross billings increased in North America, EMEA and Asia Pacific. North America gross billings rose 12% in constant currency to $613 million, while EMEA increased 7% to $363 million. Latin America was comparable at $165 million, and Asia Pacific advanced 4% to $126 million. Management believes U.S. retailer ordering patterns have now largely stabilized. Worldwide Vehicles gross billings increased 14% as reported and 11% in constant currency to $463 million, primarily driven by Hot Wheels. The company expects Hot Wheels to achieve its ninth consecutive record year, supported by demand from children and adult collectors.Action Figures, Building Sets, Games and Other gross billings surged 35% as reported and 33% in constant currency to $358 million. Growth was reflected in Games, including the contribution from Mattel's 163 digital titles, and Action Figures tied to theatrical releases. Mattel Brick Shop also performed well during the quarter. Dolls gross billings declined 5% as reported and 7% in constant currency to $318 million, primarily due to lower Barbie sales. Weakness in Barbie and Polly Pocket was partly offset by growth in K-Pop Demon Hunters and Disney Princess and Frozen products. Management expects Barbie to return to growth in 2027.Infant, Toddler and Preschool gross billings fell 11% as reported and 13% in constant currency to $128 million, mainly reflecting a decline in Fisher-Price. However, Little People delivered high-double-digit growth, aided by new partnerships. Adjusted gross margin declined 260 basis points year over year to 48.6%. The contraction reflected the gross incremental cost of tariffs, inflation, higher royalties and unfavorable foreign exchange. Contributions from Mattel163, tariff-mitigation efforts and cost savings provided partial offsets.Advertising expenses increased $45.2 million to $124.3 million, reflecting Mattel163, marketing and engagement activities and strategic investments. Adjusted selling and administrative expenses rose 11% to $383.6 million. Consequently, adjusted operating income declined 60% to $38.8 million, while adjusted EBITDA fell to $95.5 million from $170 million. For the first six months of 2026, cash flows used for operating activities were $202.1 million, compared with $275.3 million a year earlier. The improvement reflected more favorable working-capital usage, partly offset by lower net income excluding noncash items.Mattel ended the quarter with $523.9 million in cash and equivalents, $829.8 million in inventories and $2.33 billion in long-term debt. The company repurchased $100 million of shares during the quarter, bringing the year-to-date total to $300 million. Management reaffirmed its 2026 outlook, projecting constant-currency net sales growth of 3% to 6%. Adjusted gross margin is expected to be approximately 50%, while adjusted operating income is forecast between $580 million and $630 million.Mattel continues to expect adjusted earnings of $1.27-$1.39 per share and an adjusted tax rate of approximately 24%. The company also reaffirmed its $400 million share-repurchase target for the year. MAT currently has a Zacks Rank #3 (Hold).Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC.Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Life Time Group delivered a trailing four-quarter earnings surprise of 9.5%, on average. The stock has surged 66.6% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.5% and 19.4%, respectively, from the year-ago levels.Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 34.2%, on average. The stock has jumped 100.9% in the year-to-date period.The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 8.3% and 605.9%, respectively, from the year-ago period’s levels.AMC Entertainment presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 75.7% in the year-to-date period.The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mattel, Inc. (MAT) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Marriott International, Inc. MAR reported second-quarter 2026 results, with adjusted earnings beating the Zacks Consensus Estimate but revenues missing the same. Adjusted earnings of $3.19 per share surpassed the consensus estimate of $3.06 by 4.2% and increased 20.4% year over year. Revenues of $7,071 million missed the consensus mark of $7,260 million by 2.6% but rose 4.8%. The results benefited from higher fee revenues, room growth and improved worldwide RevPAR, which increased 3.4%. Adjusted net income amounted to $844 million, up 16% from $728 million in the prior-year quarter. Adjusted operating income increased 12% year over year to $1.33 billion. Gross fee revenues totaled $1.58 billion, reflecting an increase of 13% from the year-ago quarter. Franchise fees rose 19% to $1.02 billion, primarily driven by higher co-branded credit card fees, room growth and increased RevPAR. Base management fees were $343 million, up 1% year over year. Incentive management fees increased 6% to $212 million, aided by strong growth in the United States and Canada, partly offset by declines in Europe, the Middle East and Africa. Marriott International, Inc. price-consensus-eps-surprise-chart | Marriott International, Inc. Quote Worldwide comparable systemwide RevPAR increased 3.4% in constant dollars year over year. The upside was backed by a 3.5% increase in average daily rate, while occupancy declined 0.1 percentage points to 71.6%. Comparable systemwide RevPAR in the United States and Canada rose 5%. Average daily rate increased 4.7%, while occupancy improved 0.2 percentage points to 74%. The luxury category led the region, with composite luxury RevPAR advancing 9.1%. International comparable systemwide RevPAR declined 0.5%. Europe RevPAR rose 4.2%, while Greater China and Asia Pacific excluding China increased 3.2% and 5.3%, respectively. Caribbean and Latin America RevPAR gained 3%. Middle East and Africa RevPAR fell 33.1%, reflecting conflict-related headwinds. Occupancy in the region declined 15.8 percentage points, while average daily rate decreased 12.1%. General and administrative expenses totaled $220 million compared with $210 million in the prior-year quarter. The increase reflected higher compensation costs, partly driven by timing. Depreciation, amortization and other expenses increased to $115 million from $53 million. The rise primarily resulted from a $68 million impairment charge related to the sale of a U.S. and Canada hotel. Adjusted operating margin expanded to 66% from 65% a year ago. Adjusted EBITDA amounted to $1.59 billion, up 13% from $1.42 billion in the second quarter of 2025. At the end of the second quarter, Marriott's total debt was $16.9 billion compared with $16.2 billion at the end of 2025. Cash and equivalents totaled $0.5 billion, up from $0.4 billion at the end of 2025. The company repurchased 3 million shares for $1.1 billion during the quarter. Year to date through July 29, 2026, Marriott repurchased 6.2 million shares for $2.2 billion. The company returned approximately $2.6 billion to shareholders through dividends and share repurchases during the same period. Marriott added roughly 17,900 net rooms during the quarter, including approximately 11,000 net rooms in international markets. Net rooms grew 4.5% from the end of the second quarter of 2025. At quarter-end, the company's global system comprised more than 10,000 properties and nearly 1.81 million rooms. Marriott Bonvoy membership exceeded 295 million. The worldwide development pipeline reached a record 4,186 properties and approximately 629,000 rooms. The pipeline included 1,757 properties with more than 279,000 rooms under construction. Conversions remained an important growth driver, representing more than one-third of signings and 40% of openings in the first half of 2026. For the third quarter of 2026, Marriott expects worldwide RevPAR growth of 3.5-4%. Gross fee revenues are projected between $1.47 billion and $1.48 billion. Adjusted EBITDA is anticipated in the range of $1.44-$1.47 billion. Adjusted earnings are expected between $2.74 and $2.82 per share. For 2026, management raised its worldwide RevPAR growth forecast to 3-3.5%. Gross fee revenues are expected between $6.03 billion and $6.06 billion, while adjusted EBITDA is projected in the range of $5.97-$6.03 billion. The company expects adjusted earnings of $11.64-$11.81 per share. Net room growth is anticipated at the low end of the 4.5-5% range, while capital returns to shareholders are projected to exceed $4.5 billion. MAR currently has a Zacks Rank #3 (Hold). Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC. Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 10.9%, on average. The stock has surged 69.6% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.3% and 18.1%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 34.2%, on average. The stock has gained 87.6% in the year-to-date period. The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 6.3% and 211.8%, respectively, from the year-ago period’s levels. AMC Entertainment presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 80.8% in the year-to-date period. The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Marcus Corporation (The)? Here are five stocks we like better. Marcus reported its strongest second quarter since 2019: Revenue rose 12.5% to $232 million, adjusted EBITDA increased 43% to $46.2 million, and net earnings more than doubled to $15.8 million. Theater and hotel divisions both outperformed their markets. Theater revenue grew 14.4%, aided by attendance and pricing, while comparable hotel RevPAR rose 13.9%, exceeding Marcus’ competitive set after adjusting for renovation impacts. Cash generation improved substantially as capital spending declined. Second-quarter free cash flow nearly tripled to $44 million, and management expects 2026 capital expenditures of $45 million to $50 million while maintaining more than $245 million in liquidity. Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring Marcus (NYSE:MCS) reported its strongest second quarter since 2019, with record post-pandemic quarterly revenue and adjusted EBITDA as both its theater and hotel businesses outperformed their respective industries. Consolidated revenue rose 12.5% from the prior-year period to $232 million, while operating income more than doubled to $27 million from $13 million. Adjusted EBITDA increased 43% to $46.2 million, and net earnings climbed 116% to $15.8 million, or $0.51 per diluted share. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Is the Worst Case Scenario Price into Overstock? “It was a quarter where the intersection of strong demand and both businesses outperforming their respective industries and concepts combined to deliver new post-pandemic second quarter records,” Chief Financial Officer and Treasurer Chad Paris said. The company’s Theater Division generated $150.6 million in revenue, up 14.4% from the second quarter of 2025. Comparable theater admission revenue increased 16.6%, supported by a 10.9% increase in comparable attendance and a 5.2% rise in average admission price. → Microsoft Just Flipped the AI Spending Narrative Overnight Is This Why Mike Burry Took a Stake in The RealReal Stock? Marcus said U.S. box-office receipts increased 11.5% during the quarter, based on data from Comscore compiled by the company. That implied Marcus’ admission-revenue growth exceeded the domestic industry by about five percentage points. Paris attributed the outperformance primarily to strategic pricing actions and a film slate that was particularly favorable for the company’s predominantly Midwestern markets. Family films were a notable contributor, contrasting with the prior-year quarter, which management said had fewer family-oriented releases. → Carrier Earnings Could Send the Stock to a New All-Time High Average food and beverage revenue per customer at comparable theaters rose 2.4%, driven by higher merchandise sales, pricing and an increase in the incidence rate. Theater adjusted EBITDA increased nearly 37% to $36.3 million. Chairman, President and Chief Executive Officer Greg Marcus said the theatrical business benefited from a broad range of successful releases, including family, franchise, horror and original films. He highlighted the contribution of original titles Obsession and Backrooms, which he said attracted Gen Z and young adult audiences. During the question-and-answer session, Greg Marcus said younger moviegoers had been returning to theaters for roughly the past year and that the trend was not limited to the two breakout films. He said the company seeks to increase repeat attendance through programs including Value Tuesday, Everyday Matinee, Marcus Mystery Movie and Marcus Movie Club. Paris said Marcus’ share on Obsession was in line with its typical market share, while its share on Backrooms was meaningfully above normal. He added that the company generally expects roughly 50% of incremental Theater Division revenue to flow through to EBITDA over time, though quarterly results can vary based on attendance levels and the timing of film releases. Management also pointed to the company’s premium large-format screen footprint as an advantage. Marcus has a premium large-format screen at 84% of its theater locations, Greg Marcus said, and 75% of those locations have multiple such screens. The largely proprietary UltraScreen and SuperScreen format allows the circuit flexibility in selecting and scheduling films, management said. The Hotels & Resorts Division reported $70.8 million in revenue before cost reimbursements, an increase of 9.6% from a year earlier. Comparable owned-hotel revenue per available room, or RevPAR, increased 13.9%, aided by a 5.9-percentage-point gain in occupancy and a 4.7% increase in average daily rate. Average occupancy at Marcus-owned hotels reached 73.2% during the quarter. Paris said the company’s RevPAR comparison benefited by an estimated 4.4 percentage points from the prior-year impact of guest rooms being out of service during the Hilton Milwaukee renovation. Comparable competitive hotels in Marcus’ markets posted RevPAR growth of 7.8%, meaning Marcus outperformed its competitive set by 6.1 percentage points. After accounting for the renovation effect, management said Marcus still outperformed its competitive set by about 1.1 percentage points. Comparable upper-upscale hotels nationally recorded RevPAR growth of 5.7%. Banquet and catering food-and-beverage revenue increased 5.7%, while hotel adjusted EBITDA rose $3.5 million, or just over 31%, supported by revenue growth and operating efficiencies associated with higher occupancy. Greg Marcus said RevPAR increased at six of the company’s seven comparable hotels, with both occupancy and average daily rates increasing at five properties. He cited continued strength in group business and resilient demand from higher-income leisure travelers. Three newly renovated properties — The Pfister, Grand Geneva Resort & Spa and Hilton Milwaukee — achieved a nearly 9% average increase in average daily rate compared with the prior-year quarter, according to management. Group room revenue bookings for 2026 were running about 3% ahead of the pace at the same point last year, while 2027 group pace was approximately 9% ahead. Management cautioned that booking timing can vary significantly for business booked further in advance. It also said about 80% of the remaining 2026 group business was already on the books. At Grand Geneva, the company opened its new 11-hole Wee Nip short golf course in May. Greg Marcus said the amenity had received a positive early reception and was already attracting bookings for group events and outings in 2027. Rounds played at the resort’s two 18-hole courses increased more than 11% in the second quarter, while greens-fee revenue rose 20%. Cash flow from operations increased to $54 million from $31.6 million in the prior-year quarter, primarily reflecting higher earnings. Capital expenditures fell to $10 million from $16.9 million and were focused largely on maintenance and return-on-investment projects. Management now expects 2026 capital expenditures of $45 million to $50 million. For the first half of the year, capital spending was down $23 million from the first half of 2025. Second-quarter free cash flow reached $44 million, nearly tripling from the prior-year period. First-half free cash flow totaled $22 million, a $65 million improvement from the first half of fiscal 2025. Marcus ended the quarter with approximately $26 million in cash and more than $245 million in total liquidity. Its debt-to-capitalization ratio was 25%, and net leverage was 1.1 times. Greg Marcus said the company intends to pursue value-accretive investments and acquisitions in both business segments when suitable opportunities arise. If it does not find actionable investments, he said the company expects to return excess capital to shareholders through its dividend and share repurchases. The Marcus Corporation, together with its subsidiaries, owns and operates movie theatres, and hotels and resorts in the United States. It operates a family entertainment center and multiscreen motion picture theatres under the Big Screen Bistro, Big Screen Bistro Express, BistroPlex, and Movie Tavern by Marcus brand names. The company also owns and operates full-service hotels and resorts, as well as manages full-service hotels, resorts, and other properties. In addition, it provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development; and manages condominium hotels under long-term management contracts. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Marcus Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

Live Nation Entertainment, Inc. LYV reported second-quarter 2026 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased year over year.Live Nation’s performance benefited from strong global demand for live events, record second-quarter attendance and solid Ticketmaster growth. International markets supported expansion across the company’s operating segments, while concert profitability was affected by show timing and venue investments. The company reported earnings of $1.05 per share, which surpassed the Zacks Consensus Estimate of 59 cents by 77.97%. The figure increased 156.1% from 41 cents reported in the year-ago quarter. Live Nation Entertainment, Inc. price-consensus-eps-surprise-chart | Live Nation Entertainment, Inc. Quote Revenues of $7.67 billion beat the consensus mark of $7.53 billion by 1.8%. The top line increased 9.4% year over year. Operating income rose 7.2% to $521.9 million, while adjusted operating income increased 2.3% to $817 million. Concerts: Segmental revenues totaled $6.44 billion, up 8.4% year over year. Fan count increased 10% to nearly 49 million, marking the company’s highest second-quarter attendance. International attendance at stadiums, arenas and festivals increased more than 20%.Concerts adjusted operating income declined 13.7% to $309.6 million. Results were affected by the timing of stadium shows, venue pre-opening costs and investments in new international festivals. Event-related deferred revenues rose 25% to a record $6.4 billion.Ticketing: Revenues amounted to $852.2 million, up 14.7% from the prior-year quarter. Adjusted operating income increased 14.1% to $331 million.Ticketmaster sold 90 million fee-bearing tickets, up 8%. Concert ticket volume advanced 11% and accounted for 90% of the overall ticket-volume increase. Fee-bearing gross transaction value rose 15% to more than $10 billion, while deferred service-fee revenues increased 23% to $390 million.Sponsorship & Advertising: Revenues totaled $383 million, up 12.5% year over year. Adjusted operating income increased 12.9% to $256.9 million.International markets and the expanding venue and festival portfolio supported growth. The number of strategic partners generating more than $1 million in annual revenues increased more than 20%. The company had booked 95% of its 2026 sponsorship commitments. Live Nation’s cash and cash equivalents totaled $9.07 billion as of June 30, 2026, up from $7.09 billion at the end of 2025. Deferred revenues increased to $7.33 billion from $4.46 billion over the same period.For the six months ended June 30, 2026, net cash provided by operating activities was $2.76 billion compared with $1.54 billion in the prior-year period. Purchases of property, plant and equipment totaled $598.5 million, up from $434.2 million a year earlier. The company expects full-year fan attendance to increase 10%. Attendance at operated venues is projected to grow at a double-digit rate, while attendance at third-party venues is expected to rise at a high-single-digit pace.Concerts revenues and adjusted operating income are expected to increase at a double-digit rate, with most of the year-over-year profit improvement anticipated in the fourth quarter. Ticketmaster adjusted operating income is projected to grow at a mid-single-digit rate, while Sponsorship adjusted operating income is expected to advance double digits.Live Nation expects full-year capital expenditures of $1.1 billion, toward the lower end of its initial range. Approximately $800 million is allocated to venue expansion and enhancement projects. The pipeline includes more than 25 large venues scheduled to open through 2027, providing capacity for 15 million incremental fans on a run-rate basis. Live Nation currently carries a Zacks Rank #5 (Strong Sell).Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, The Marcus Corporation MCS and AMC Entertainment Holdings, Inc. AMC.Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 10.9%, on average. The stock has surged 66.3% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.3% and 18.1%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 40.4%, on average. The stock has gained 91.5% in the year-to-date period.The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 6.2% and 211.8%, respectively, from the year-ago period’s levels.AMC Entertainment presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 77.6% in the year-to-date period.The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. Consolidated Revenue: $232 million, up 12.5% year-over-year. Consolidated Operating Income: $27 million, more than doubling from $13 million in the prior year quarter. Consolidated Adjusted EBITDA: $46.2 million, a 43% increase over the second quarter of 2025. Net Earnings: $15.8 million, a 116% increase year-over-year. Net Earnings Per Share: $0.51 per diluted common share, up over 121%. Theater Division Revenue: $150.6 million, up 14.4% year-over-year. Comparable Theater Admission Revenue: Increased 16.6% year-over-year. Comparable Theater Attendance: Increased 10.9% year-over-year. Average Admission Price: Increased 5.2% year-over-year. Average Concession, Food and Beverage Revenue Per Person: Increased 2.4% year-over-year. Theater Division Adjusted EBITDA: $36.3 million, a nearly 37% increase year-over-year. Hotels and Resorts Division Revenue (before cost reimbursements): $70.8 million, a 9.6% increase year-over-year. Comparable Owned Hotels RevPAR: Increased 13.9% year-over-year. Comparable Owned Hotels Occupancy Rate: 73.2%, an increase of 5.9 percentage points year-over-year. Comparable Owned Hotels Average Daily Rate (ADR): Increased 4.7% year-over-year. Hotels Division Food and Beverage Revenue: Up 5.7% year-over-year. Hotels Division Adjusted EBITDA: Increased $3.5 million, or just over 31%, year-over-year. Cash Flow from Operations: $54 million, up from $31.6 million in the prior year quarter. Capital Expenditures: $10 million in the second quarter. Free Cash Flow: $44 million in the second quarter, nearly tripling year-over-year. Total Liquidity: Over $245 million. Net Leverage: 1.1 times. Warning! GuruFocus has detected 6 Warning Sign with SPNT. Is MCS fairly valued? Test your thesis with our free DCF calculator. Release Date: July 30, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Consolidated revenues of $232 million were up 12.5% compared to the prior year quarter, with operating income more than doubling to $27 million. Adjusted EBITDA increased 43% to $46.2 million, setting a new post-pandemic second-quarter record. Theater division outperformed the industry with admission revenue growth of 16.6% versus the US box office increase of 11.5%. Hotel division achieved record second-quarter revenue and adjusted EBITDA, with RevPAR growth of 13.9% and outperformance of its competitive set by 6.1 percentage points. Free cash flow nearly tripled to $44 million in the second quarter, with total liquidity of over $245 million and net leverage of 1.1 times. Theater attendance recovery remains below pre-pandemic levels, with the business still dependent on a strong film slate to drive performance. Hotel division's RevPAR growth was partially inflated by the prior-year renovation impact at Hilton Milwaukee, estimated at 4.4 percentage points. Visibility in the hotel business is short-term, with transient demand subject to volatility in travel costs like gas prices and airfare. Capital expenditures are expected to decrease to $45-$50 million for 2026, potentially limiting growth investments in both divisions. The company faces ongoing uncertainty in consumer behavior, particularly among older demographics who may wait for streaming releases rather than visiting theaters. Here are the key highlights from the Marcus Corp (NYSE:MCS) Q2 2026 earnings call. Q: Can you provide an update on the return of younger moviegoers and how films like *Obsession* and *Backrooms* performed on your circuit? A: (Gregory Marcus, Chairman, President and CEO) The return of younger demographics is not a new trend; we've seen them coming back to pre-pandemic levels for about a year. They prefer seeing movies in theaters, which is great for the long-term customer base. The success of these original films will likely encourage Hollywood to produce more content for this audience. (Chad Paris, CFO) On a circuit level, we were in line with our normal market share for *Obsession* but meaningfully above our normal share for *Backrooms*, indicating we perform well in that demographic space. Q: What is the right framework for modeling future theater EBITDA flow-through on incremental box office growth? A: (Chad Paris, CFO) On average, the incremental dollar falls through to EBITDA at about 50%. This quarter was slightly above that due to the benefits of higher attendance and operating leverage. The cadence of the film slate also matters; a steady flow of hits is more profitable than a few big pops with slow weeks in between, as it allows for better labor management. Q: How did your hotel division's RevPAR performance compare to expectations, and has your annual outlook changed given the strong first half? A: (Chad Paris, CFO) Our annual view remains unchanged. We still expect industry growth in the low single digits, with our assets having the potential to outperform due to recent investments. The business is lumpy week-to-week, and visibility is short. (Gregory Marcus, CEO) We feel comfortable because 80% of our group business for the rest of the year is already on the books, though the transient portion has shorter booking windows. Q: Has the industry's effort to extend theatrical windows provided any measurable benefit to your circuit yet? A: (Gregory Marcus, CEO) The focus should be on extending the transactional window, which got too short. Longer windows benefit both exhibitors and distributors by allowing them to sell the same content multiple times to the same consumer. (Chad Paris, CFO) It's too early to see a direct impact in the results. It will take time to retrain customer behavior, but it is absolutely a net positive for the industry. Q: Can you provide an update on your market share in the theater segment and the outlook for pricing? A: (Chad Paris, CFO) Our market share in our core markets remains strong, though it has normalized somewhat from the immediate post-pandemic highs. On a national basis, it's slightly down, partly due to optimizing our store footprint. Regarding pricing, we expect the growth in admission revenue per cap to moderate in the second half of the year as we anniversary the significant pricing actions taken last year. We still anticipate low single-digit inflationary growth. Q: What is the current state of M&A opportunities in the theater business, particularly regarding onerous lease structures? A: (Chad Paris, CFO) Lease structures can be a significant gating factor. It's a high operating leverage business, and many locations with lower attendance post-pandemic struggle to cover high rent. It is a very location-by-location analysis. (Gregory Marcus, CEO) We are disciplined and will only make investments that make sense. While we want to grow, it is not an imperative, and we will wait for quality opportunities. Q: Did the World Cup provide any benefit to your hotel portfolio? A: (Chad Paris, CFO) No, it did not help us one way or the other, as our properties are not located in markets that hosted major events. Q: What are you seeing in terms of advanced ticket sales for the upcoming *Spider-Man: Brand New Day* opening? A: (Gregory Marcus, CEO) Pre-sales are very positive, and the review scores are high, which is a great combination. (Chad Paris, CFO) Our circuit is particularly well-positioned because we have multiple premium large format (PLF) screens at 75% of our PLF locations. This gives us the flexibility to play both *Spider-Man* and *The Odyssey* on our best screens simultaneously, optimizing showtimes for demand. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Marcus (MCS) reported $231.74 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 12.5%. EPS of $0.51 for the same period compares to $0.23 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $220.91 million, representing a surprise of +4.91%. The company delivered an EPS surprise of +45.71%, with the consensus EPS estimate being $0.35. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Marcus performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Theatres: $150.65 million versus $135.23 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +14.4% change. Revenues- Theatre concessions: $65.26 million compared to the $63.25 million average estimate based on three analysts. The reported number represents a change of +13.3% year over year. Revenues- Theatre admissions: $72.56 million compared to the $68.02 million average estimate based on three analysts. The reported number represents a change of +16.4% year over year. Revenues- Food and beverage: $22.51 million versus $22.42 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.7% change. Revenues- Rooms: $33.71 million versus the three-analyst average estimate of $30.66 million. The reported number represents a year-over-year change of +13.8%. Revenues- Corporate Items: $0.11 million compared to the $0.09 million average estimate based on two analysts. The reported number represents a change of +0.9% year over year. Revenues- Cost reimbursements: $11.03 million versus the two-analyst average estimate of $10.64 million. Revenues- Hotels / Resorts: $80.98 million versus $77.49 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9% change. Revenues- Other revenues: $26.67 million compared to the $26.01 million average estimate based on two analysts. The reported number represents a change of +7.6% year over year. View all Key Company Metrics for Marcus here>>> Shares of Marcus have returned +7.6% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marcus Corporation (The) (MCS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

MGM Resorts International MGM reported second-quarter 2026 results, with earnings missing the Zacks Consensus Estimate, whereas revenues surpassed the same. On a year-over-year basis, the top line increased while the bottom line declined.MGM Resorts’ results benefited from revenue growth at Las Vegas Strip Resorts and MGM Digital, along with record same-store revenues from Regional Operations. However, lower profitability at MGM China and the regional properties weighed on earnings. Las Vegas group and convention business accounted for 20% of room mix during the quarter. MGM Resorts reported adjusted earnings per share (EPS) of 59 cents, missing the Zacks Consensus Estimate of 63 cents by 6.4%. The figure declined 25.3% from 79 cents reported in the prior-year quarter. MGM Resorts International price-consensus-eps-surprise-chart | MGM Resorts International Quote Quarterly revenues of $4.45 billion topped the consensus mark of $4.44 billion by 0.4%. The top line increased 1% year over year, marking record second-quarter consolidated revenues. Consolidated adjusted EBITDA decreased 5.7% to $610 million. Las Vegas Strip Resorts revenues increased 3% year over year to $2.17 billion. Segment adjusted EBITDAR rose 3% to $735 million, while margin improved 30 basis points to 33.9%. Management attributed the EBITDAR increase primarily to a recovery at MGM Grand, supported by remodeled rooms and a favorable hold benefit.Casino revenues jumped 17% to $536 million as table games win climbed 27% to $451 million. Table games win percentage expanded to 29.6% from 22.9%. However, Room revenues declined 2% to $717 million. Occupancy remained unchanged at 93%, while average daily rate and revenue per available room decreased 4% to $242 and $224, respectively. Regional Operations revenues declined 4% to $924 million, reflecting the April sale of MGM Northfield Park. On a same-store basis, revenues increased 3% to $904 million and reached an all-time quarterly record.Segment adjusted EBITDAR fell 9% to $280 million. Same-store EBITDAR was flat at $271 million, while the corresponding margin contracted 83 basis points to 30.0%. Casino revenues declined 6% as slot win fell 9%, partly offset by a 4% increase in table games win. MGM China revenues were relatively flat at $1.10 billion. Casino revenues decreased 2% to $956 million as main-floor table games drop declined 7%, though table games win increased 2% and win percentage improved to 27.2% from 25.0%.Segment adjusted EBITDAR dropped 15% to $257 million, and margin fell 383 basis points to 23.3%. Results were pressured by a $21 million year-over-year increase in intercompany branding license fees. Management said World Cup activity temporarily affected June volumes, followed by an encouraging rebound in July. MGM Digital revenues increased 20% year over year to $196 million. The segment posted an adjusted EBITDAR loss of $31 million compared with a loss of $26 million a year earlier, as marketing costs and gaming taxes increased.BetMGM, MGM's unconsolidated North American venture, generated second-quarter net revenues of $711 million, up 3%. iGaming revenues rose 8% to $483 million, while online sports revenues were flat at $228 million. Adjusted EBITDA declined 15% to $74 million, and average monthly actives fell 3% to 875,000. MGM Resorts ended the second quarter with cash and cash equivalents of $2.55 billion, up from $2.06 billion at the end of 2025. Long-term debt was $6.07 billion compared with $6.23 billion at the end of 2025.During the first half of 2026, net cash provided by operating activities totaled $1.13 billion, while capital expenditures were $396 million. MGM repurchased approximately 4 million shares for $164 million during the quarter. The remaining authorization under its share repurchase program was $1.4 billion.Construction of MGM Osaka remains on schedule and within budget for a 2030 opening. Approximately 60% of foundation piles were completed, with concrete and structural steel work progressing. MGM Resorts currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, AMC Entertainment Holdings, Inc. AMC and The Marcus Corporation MCS.Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 10.9%, on average. The stock has surged 72% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.3% and 18.1%, respectively, from the year-ago levels. AMC Entertainment presently flaunts a Zacks Rank #1. The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 76.3% in the year-to-date period. The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 40.4%, on average. The stock has gained 60.9% in the year-to-date period. The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 6.2% and 211.8%, respectively, from the year-ago period’s levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MGM Resorts International (MGM) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Hyatt Hotels Corporation H delivered second-quarter 2026 results, wherein earnings and revenues beat the Zacks Consensus Estimate. Both metrics increased on a year-over-year basis. Hyatt reported adjusted earnings of $1.12 per share, surpassing the consensus estimate of 90 cents by 24.4%. The figure increased 64.7% from 68 cents per share in the prior-year quarter. Revenues of $1,829 million topped the consensus mark of $1,815 million by 0.8% and rose 1.2% year over year. Gross fee growth and higher comparable system-wide hotel RevPAR supported the performance. Hyatt Hotels Corporation price-consensus-eps-surprise-chart | Hyatt Hotels Corporation Quote Gross fees increased 7.8% year over year to $324 million. Base management fees rose 10.2% to $124 million, aided by managed hotel RevPAR growth, strength in the United States and contributions from the Playa Hotels acquisition. The impact of Hurricane Melissa partly offset the increase. Incentive management fees advanced 2.6% to $64 million, driven by fees from the Playa Hotels acquisition and solid performance in Asia Pacific. Lower fees in the Middle East, Mexico and Jamaica limited the upside. Franchise and other fees climbed 8.1% to $136 million on non-RevPAR fee contributions and U.S. RevPAR growth. Net fees came in at $307 million, up from $286 million in the year-ago quarter. Management and franchising adjusted EBITDA increased to $266 million from $238 million. Comparable system-wide hotel RevPAR increased 5.9% year over year. Average daily rate rose 5% to $216.81, while occupancy improved 0.6 percentage points to 73.2%. Luxury and upper-upscale hotels led RevPAR growth. Leisure transient and group RevPAR recorded strong increases, while business transient RevPAR grew in the low-single-digit range. The conflict in the Middle East reduced overall RevPAR growth by approximately 110 basis points. U.S. RevPAR increased 6.7%, while Asia Pacific, excluding Greater China, rose 10.3%. RevPAR advanced 9.5% in the Americas, outside the United States, and 7.2% in Greater China. Middle East and Africa RevPAR declined 28.3%. Comparable system-wide all-inclusive resort Net Package RevPAR declined 1.2% year over year. Occupancy decreased 2.1 percentage points to 72.8%, while Net Package average daily rate increased 1.7% to $271.25. The decline reflected softer demand, partly due to security concerns in Mexico during the first quarter and lower airlift into certain destinations. Net Package RevPAR in the Americas outside the United States fell 2.3%, while Europe reported growth of 3.4%. Distribution adjusted EBITDA declined to $27 million from $43 million. Temporary hotel closures in Jamaica related to Hurricane Melissa and lower demand in Mexico weighed on the segment. Adjusted EBITDA increased 3.4% year over year to $297 million. After adjusting for assets sold in 2025, the metric rose 8.8%. Owned and leased adjusted EBITDA came in at $40 million compared with $47 million in the prior-year quarter. However, the metric increased 16% after adjusting for 2025 asset sales. Adjusted general and administrative expenses declined to $107 million from $110 million. Transaction and integration costs decreased sharply to $8 million from $82 million, while depreciation and amortization expenses fell to $73 million from $82 million. Net income attributable to Hyatt was $110 million in contrast to a loss of $3 million in the year-ago quarter. Adjusted net income increased to $108 million from $66 million. Hyatt opened 3,585 rooms during the quarter. Notable openings included Miraval The Red Sea, the first Miraval property outside the United States, and The Barai Hua Hin, which introduced The Unbound Collection by Hyatt brand to Thailand. The company’s pipeline of executed management or franchise contracts reached approximately 154,000 rooms, up 10% year over year. Trailing-12-month net rooms growth was 3.9%, or 4.4% excluding rooms from the Playa Hotels acquisition that were removed from Hyatt’s count in the second half of 2025. Hyatt also announced a master franchise agreement with Dossen Group to develop and operate Hyatt Select hotels in the Chinese Mainland. World of Hyatt membership reached approximately 69 million, reflecting 17% year-over-year growth. For 2026, comparable system-wide hotel RevPAR growth is expected between 3.5% and 4.5%. Net rooms growth is projected at approximately 6%. Gross fees are anticipated in the range of $1,305-$1,335 million, implying growth of 9-11%. Adjusted EBITDA is expected between $1,155 million and $1,205 million, representing growth of 13-18% from the adjusted 2025 baseline. Adjusted free cash flow is projected between $580 million and $630 million. As of June 30, 2026, Hyatt had total debt of $4.3 billion and total liquidity of $2.1 billion. The company returned $175 million to its shareholders through dividends and share repurchases in the first half and expects 2026 capital returns of $325-$375 million. Hyatt currently has a Zacks Rank #3 (Hold). Some better-ranked stocks from the Zacks Consumer-Discretionary sector are Life Time Group Holdings, Inc. LTH, AMC Entertainment Holdings, Inc. AMC and The Marcus Corporation MCS. Life Time Group presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Life Time Group delivered a trailing four-quarter earnings surprise of 10.9%, on average. The stock has surged 67.3% in the year-to-date period. The Zacks Consensus Estimate for LTH’s 2026 sales and EPS implies growth of 11.3% and 18.1%, respectively, from the year-ago levels. AMC Entertainment presently flaunts a Zacks Rank #1. The company delivered a trailing four-quarter earnings surprise of 321.7%, on average. The stock has rallied 64.1% in the year-to-date period. The Zacks Consensus Estimate for AMC Entertainment’s 2026 sales and EPS indicates an increase of 13.3% and 77.1%, respectively, from the year-ago levels. Marcus currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings miss of 40.4%, on average. The stock has gained 59.3% in the year-to-date period. The Zacks Consensus Estimate for Marcus’ 2026 sales and EPS indicates growth of 6.2% and 211.8%, respectively, from the year-ago period’s levels. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hyatt Hotels Corporation (H) : Free Stock Analysis Report Marcus Corporation (The) (MCS) : Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC) : Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Marcus (MCS) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +45.71%. A quarter ago, it was expected that this operator of movie theaters, hotels and resorts would post a loss of $0.54 per share when it actually produced a loss of $0.51, delivering a surprise of +5.56%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Marcus, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $231.74 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.91%. This compares to year-ago revenues of $206.04 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Marcus shares have added about 60.9% since the beginning of the year versus the S&P 500's gain of 6.9%. While Marcus has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Marcus was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.52 on $225.78 million in revenues for the coming quarter and $0.53 on $805.17 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Leisure and Recreation Services is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. United Parks & Resorts (PRKS), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 4. This theme park operator is expected to post quarterly earnings of $1.62 per share in its upcoming report, which represents a year-over-year change of +11.7%. The consensus EPS estimate for the quarter has been revised 1.5% higher over the last 30 days to the current level. United Parks & Resorts' revenues are expected to be $485.23 million, down 1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marcus Corporation (The) (MCS) : Free Stock Analysis Report United Parks & Resorts Inc. (PRKS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research