Marriott Intl Q2 2024 Adj EPS $2.69 Beats $2.47 Estimate, Sales $6.44B Miss $6.48B Estimate
Portfolio Pulse from Benzinga Newsdesk
Marriott International (NASDAQ: MAR) reported Q2 2024 adjusted EPS of $2.69, beating the analyst estimate of $2.47. However, sales of $6.44 billion missed the $6.48 billion estimate. Sales increased by 5.99% year-over-year.
July 31, 2024 | 11:02 am
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Marriott International's Q2 2024 adjusted EPS of $2.69 beat estimates by 8.91%, but sales of $6.44 billion missed by 0.68%. Sales increased by 5.99% year-over-year.
The positive EPS surprise is likely to have a more significant impact on the stock price than the slight miss in sales. The year-over-year sales growth also adds a positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100