Earnings Call
Aug 3, 2026
Q2 FY2026
EPS Estimate
3.08
EPS Actual
3.19
Post-Earnings Close
$346.83
Earnings Reaction
-7.0%
Marriott's second quarter 2026 results came in ahead of expectations on virtually every metric, with the standout being a 5% RevPAR gain in the U.S. and Canada, the strongest quarterly increase in 13 quarters, driven by a combination of World Cup tailwinds, pervasive strength across chain scales, and continued luxury outperformance. Adjusted diluted EPS of $3.19 beat the consensus estimate of $3.03, while total gross fee revenues rose 13% year-over-year to $1.58 billion. Adjusted EBITDA grew 13% to $1.59 billion, and the company raised its full year 2026 global RevPAR guidance to 3%, 3.5% growth, up from prior expectations, with third quarter RevPAR guided to 3.5%, 4%.
Report generated on Aug 4, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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