Marriott (MAR) Tops Q1 EPS by 24c, Raises Guidance

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Go back to Marriott (MAR) Tops Q1 EPS by 24c, Raises Guidance

MARRIOTT INTERNATIONAL REPORTS FIRST QUARTER 2023 RESULTS AND RAISES FULL YEAR OUTLOOK

May 2, 2023 7:01 AM EDT

First quarter 2023 comparable systemwide constant dollar RevPAR increased 34.3 percent worldwide, 25.6 percent in the U.S. & Canada, and 63.1 percent in international markets, compared to the 2022 first quarter;  First quarter reported diluted EPS totaled $2.43, compared to reported diluted EPS of $1.14 in the year-ago quarter.  First quarter adjusted diluted EPS totaled $2.09, compared to first quarter 2022 adjusted diluted EPS of $1.25;First quarter... More