These Analysts Cut Their Forecasts On Marriott After Q2 Results

Marriott International, Inc MAR reported weaker-than-expected revenue for its second quarter on Wednesday.The company reported second-quarter adjusted earnings per share of $2.50, beating the street view of$2.47. Quarterly sales of $6.439 billion missed the analyst consensus of$6.483 billion.International RevPAR rose over 7%, driven by a notable 13% increase in Asia Pacific (excluding China) compared to the previous year.Anthony Capuano, President and Chief Executive Officer, said, "Marriott reported stro ...