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Benzinga
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Marriott International Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. MAR's Q2 earnings expected at $2.62/share, up from last year. 2. Projected revenues of $6.66 billion, an increase from $6.44 billion last year. 3. Recent acquisition of citizenM indicates expansion of MAR's brand portfolio. 4. Share price rose by 1.5% to close at $259.13 on Monday. 5. Analysts maintain neutral ratings with adjusted price targets.

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FAQ

Why Bullish?

The expected increase in earnings and revenue supports a positive outlook for MAR, similar to past quarters where earnings beats led to stock price increases.

How important is it?

The solid earnings expectations and acquisition news are significant determinants of MAR's stock performance.

Why Short Term?

Earnings announcements typically influence stock prices immediately; however, sustained impacts depend on follow-up performance and analysts' reactions.

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