Marriott Beats Q2 with $3.19 EPS, Raises RevPAR Outlook, Guides Q3 Above Street
MAR sits 42% above its 52-week low of $253.755.
Summary
Marriott delivered Q2 adjusted EPS of $3.19, comfortably ahead of expectations, and raised its full-year RevPAR growth forecast to 3.0-3.5% — up from the 2-3% range set in May. The company also issued Q3 adjusted EPS guidance of $2.74-$2.82, which at the midpoint sits above consensus. This follows a strong Q1 and a series of strategic moves including a dividend hike and luxury wellness JV. The raised RevPAR outlook signals sustained travel demand, and the Q3 guide suggests momentum is carrying into the second half. Watch for commentary on the Bonvoy loyalty program dispute and any impact from the Kenya legal case on the luxury portfolio.
At the time of this announcement, MAR was trading at $359.15 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $98.3B. The 52-week trading range was $253.76 to $410.98. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.