Marriott Intl (NASDAQ:MAR) reported its Q2 earnings results on Tuesday, August 2, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Marriott Intl beat estimated earnings by 16.88%, reporting an EPS of $1.8 versus an estimate of $1.54.

Revenue was up $2.19 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.35 which was followed by a 1.98% drop in the share price the next day.

Here's a look at Marriott Intl's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Marriott Intl management provided guidance for FY 2022, expecting earnings between $6.33 and $6.59 per share.

To track all earnings releases for Marriott Intl visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.