Marriott (MAR) Misses Q2 EPS by 21c

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Go back to Marriott (MAR) Misses Q2 EPS by 21c

Marriott International Reports Second Quarter 2020 Results

August 10, 2020 7:00 AM EDT

BETHESDA, Md., Aug. 10, 2020 /PRNewswire/ --

Second quarter 2020 comparable systemwide constant dollar RevPAR declined 84.4 percent worldwide, 83.6 percent in North America and 86.7 percent outside North America; Second quarter reported diluted loss per share totaled $0.72, compared to reported diluted EPS of $0.69 in the year-ago quarter. Second quarter adjusted diluted loss per share totaled $0.64, compared to second quarter 2019 adjusted diluted EPS of $1.56. Second quarter 2020 impairment charges and bad debt expense related to COVID-19 impacted reported and adjusted diluted loss per share by $0.19 and $0.17, respectively; Second... More