Marriott Shares Drop 5% Despite Q2 EPS Beat; Slashed FY24 Outlook Disappoints Investors
Marriott Shares Drop 5% Despite Q2 EPS Beat; Slashed FY24 Outlook Disappoints Investors
Marriott International (NASDAQ:MAR) shares are trading lower today.
今天萬豪酒店國際（納斯達克：MAR）股票價格下跌。
The company reported second-quarter adjusted earnings per share of $2.50, beating the street view of $2.47.
該公司報告了每股收益爲2.50美元的第二季度調整後收益，超過了街道上的2.47美元的預期。
Quarterly sales of $6.439 billion missed the analyst consensus of $6.483 billion.
季度銷售額爲64.39億美元，低於分析師預期的64.83億美元。
Anthony Capuano, President and Chief Executive Officer, said, "Marriott reported strong second quarter results, with net rooms up 6 percent year over year and worldwide RevPAR growth of nearly 5 percent, as consumers continued to prioritize travel".
行政總裁Anthony Capuano表示：“萬豪報告了強勁的第二季度業績，淨客房年增長率達到6％，全球RevPAR增長近5％，消費者繼續優先考慮旅行。”。
International RevPAR rose over 7%, driven by a notable 13% increase in Asia Pacific (excluding China) compared to the previous year.
由亞太地區（不包括中國）的13％顯着增長驅動，國際RevPAR上漲超過7％。
Adjusted EBITDA for the quarter was $1.324 billion, up from $1.219 billion in the year-ago period.
本季度調整後的EBITDA爲13.24億美元，高於去年同期的12.19億美元。
Also Read: Asia Markets Up, Europe Opens Higher, Crude Advances 2.6% – Global Markets Today While US Slept
同時閱讀：美國沉睡時，亞洲市場上漲，歐洲開盤高位，原油上漲2.6% - 今日全球市場
Base management and franchise fees totaled $1.148 billion in the quarter, up 9%. Incentive management fees totaled $195 million in the 2024 second quarter, compared to $193 million a year ago.
本季度基礎管理和特許經營費用總計11.48億美元，增長9％。2024年第二季度激勵管理費用總計1.95億美元，去年同期爲1.93億美元。
At the end of the quarter, Marriott's global development pipeline included around 3,500 properties and over 559,000 rooms.
季末，萬豪全球開發流水線包括約3,500個物業和超過559,000個客房。
This total comprises approximately 33,000 rooms approved but not yet under signed contracts, with more than 209,000 rooms currently under construction.
這一總數包括尚未簽訂合同的約33,000個審批客房，目前正在施工的客房超過209,000個。
At the end of the quarter, Marriott's total debt was $13.1 billion and cash and equivalents totaled $0.3 billion.
季末，萬豪的總債務爲13.10億美元，現金及等價物總額爲3億美元。
Outlook: Marriott expects third quarter 2024 gross fee revenues to range between $1.275 billion and $1.29 billion, with adjusted EPS projected to be $2.27 to $2.33, falling short of the $2.38 estimate.
展望：萬豪預計2024年第三季度毛收費收入區間將介於12.75億美元至12.9億美元之間，預計調整後的EPS將爲2.27美元至2.33美元，低於2.38美元的估計。
Marriott projects full-year 2024 adjusted EPS between $9.23 and $9.40, significantly below the $9.50 estimate (prior view: $9.31 to $9.65), with gross fee revenues of $5.13 billion to $5.18 billion (prior view
萬豪預計全年2024年調整後的EPS區間爲9.23美元至9.40美元，遠低於9.50美元的估計（先前的預測爲9.31美元至9.65美元），毛收費收入爲51.3億美元至51.8億美元（先前的預測爲51.8億美元至52.8億美元）。
$5.18 billion to $5.28 billion).
（金額爲）51.8億至52.8億美元。
Price Action: MAR shares are trading lower by 4.51% to $228.00 at last check Wednesday.
MAR股票最新交易價格爲228.00美元，較週三最後一次檢查時下跌了4.51％。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
Photo via Wikimedia Commons
照片通過Wikimedia Commons
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