Marriott shares fall on revenue miss despite earnings beat in Q2

TM -1.71% CMI -2.63% FMS -0.92% NVDA -5.53% DUK +0.66% 5 more

1. 1Marriott International (MAR) shares dropped 3.4% in the premarket after reporting Q2 results.
2. 2Adjusted EPS of $3.19 beat the $3.05 estimate, but revenue of $7.07 billion fell short of the $7.17 billion estimate.
3. 3Global RevPAR grew 3.4%, and the company raised its full-year global RevPAR growth outlook to 3.0%–3.5%.

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