Marriott Intl Q2 EPS $2.26 Beats $2.19 Estimate, Sales $6.08B Beat $6.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
Marriott Intl (NASDAQ:MAR) reported Q2 earnings of $2.26 per share, beating the analyst consensus estimate of $2.19 by 3.2%. This is a 25.56% increase from the same period last year. The company also reported quarterly sales of $6.08 billion, beating the analyst consensus estimate of $6.05 billion by 0.46%. This is a 13.81% increase from the same period last year.
August 01, 2023 | 11:06 am
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POSITIVE IMPACT
Marriott Intl's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Marriott Intl's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant YoY growth in earnings and sales further strengthens this positive outlook.
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RELEVANCE 100