Marriott International, Inc. - Ordinary Shares - Class A

NASDAQ:MAR  
157.00
-1.99 (-1.25%)
Other Pre-Announcement

Marriott International Reports Q2 EPS Of $2.06

Published: 08/02/2022 11:46 GMT
Marriott International, Inc. - Ordinary Shares - Class A (MAR) - Marriott International Reports Outstanding Second Quarter 2022 Results and Resumes Share Repurchases.
Q2 Adjusted Earnings per Share $1.80.
Q2 Earnings per Share $2.06.
Marriott - Q2 Average Daily Rate Was Robust, at 7 Percent Above 2019 Levels, and Worldwide Occupancy Reached 68 Percent.
Marriott - Qtrly Total Revenues $5,338 Million Versus $3,149 Million.
Marriott - Expect to Return More Than $2.2 Billion to Shareholders Through Dividends and Share Repurchases in 2022.
Marriott - in 2022 Q2, Worldwide Revpar Increased 70.6 Percent (a 69.1 Percent Increase Using Actual Dollars) Compared to 2021 Q2.
Marriott -sees Q3 Adjusted EPS - Diluted $1.59 to $1.69.
Marriott -sees FY 2022 Adjusted EPS - Diluted $6.33 to $6.59.
Q2 Earnings per Share View $1.56, Revenue View $4.92 Billion -- Refinitiv Ibes Data (analyst estimates).
Marriott - Sees Q3 2022 Comparable Systemwide Constant $ Revpar Worldwide Versus Q3 2019 Flat to +3%.
Q3 Earnings per Share View $1.58 -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $5.98 -- Refinitiv Ibes Data (analyst estimates).
Marriott - Sees Q3 2022 Comparable Systemwide Constant $ Revpar U.S. & Canada Versus Q3 2019 +1% to +4%.
Marriott - Sees Q3 2022 Comparable Systemwide Constant $ Revpar International Versus Q3 2019 -3% to Flat.