Marriott (MAR) Tops Q2 EPS by 11c

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Go back to Marriott (MAR) Tops Q2 EPS by 11c

Marriott International Reports Second Quarter 2017 Results Highlights

August 7, 2017 4:23 PM EDT

BETHESDA, Md., Aug. 7, 2017 /PRNewswire/ --

Second quarter reported diluted EPS totaled $1.08, a 13 percent increase over prior year results.  Second quarter adjusted diluted EPS totaled $1.13, a 35 percent increase over second quarter 2016 combined results.  Adjusted 2017 second quarter results exclude merger-related adjustments.  Combined 2016 second quarter results assume Marriott's acquisition of Starwood and Starwood's sale of its timeshare business had been completed on January 1, 2015; Worldwide comparable systemwide constant dollar RevPAR rose 2.2 percent in the 2017 second quarter, while North American comparable systemwide constant dollar RevPAR rose 0.9 percent; The company added... More