Equity Profile

MAR

Marriott International, Inc.

Consumer DiscretionaryHotels, Resorts & Cruise Lines$91.9B

Aug4Tue

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Marriott International, Inc. is a leading global hotel and lodging company, operating a wide range of hotels and resorts....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and reflects the company's ability to generate earnings for shareholders.

$3.08

Revenue

Revenue growth indicates the company's ability to attract guests and drive sales, which is vital for its overall performance.

$7.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

MAR Q2-2026 Earnings Preview

Context

Company Snapshot

Marriott International, Inc. is a leading global hotel and lodging company, operating a wide range of hotels and resorts. As a major player in the consumer discretionary sector, Marriott is influenced by trends in travel and consumer spending, making its performance relevant to investors and the broader economy.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+1.30%

Avg Stock Reaction

+0.41%

Last Quarter Recap

In Q1 2026, Marriott reported an EPS of $2.72, exceeding expectations by 5.63%. The stock reacted positively, gaining 1.28% the following day.

Management Promises & Guidance

Focus on expanding its loyalty program to drive repeat business.
Commitment to enhancing guest experiences through technology.
Plans to open new properties in key markets.

Expectations

Wall Street Expectations

Analysts expect Marriott to continue its upward trajectory with solid earnings and revenue growth in Q2 2026. The consensus EPS is $3.08, reflecting optimism about the company's recovery post-pandemic.

Bull Case

If Marriott exceeds EPS expectations and shows strong revenue growth, it could signal robust demand for travel and hospitality, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses earnings estimates or provides weak guidance, it may raise concerns about ongoing challenges in the travel sector, negatively impacting the stock.

Key Metrics to Watch

Earnings Per Share (EPS)

$3.08

EPS is a key indicator of profitability and reflects the company's ability to generate earnings for shareholders.

Revenue

$7.2B

Revenue growth indicates the company's ability to attract guests and drive sales, which is vital for its overall performance.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Marriott's EPS exceed the consensus estimate of $3.08?

A beat on EPS would reinforce the company's strong recovery and ability to manage costs effectively.

What guidance will Marriott provide regarding future revenue growth?

Guidance on revenue growth will indicate the company's outlook on travel demand and its ability to capitalize on market opportunities.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Marriott's ability to leverage its loyalty program and new technology investments to drive higher occupancy rates.

Supporting Evidence

Recent trends show increased travel demand, particularly in leisure segments, which could boost revenues beyond current estimates.

The options market is pricing in a 4.04% move, suggesting that investors expect significant volatility, which may not align with underlying demand trends.

Key Risk

If Marriott demonstrates strong revenue growth driven by its loyalty program, it could challenge the consensus expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on Marriott's ability to maintain profitability and navigate ongoing market challenges.

Bull Confirmed If

An EPS of $3.10 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $2.90 would confirm the bear case, raising concerns about demand and cost management.

Pre-Earnings Positioning

Options Market

Implied Move

±4.04%

Historical Avg

±3.4%

Pricing rich

The options market is pricing in a significant move around the earnings announcement, suggesting that investors are anticipating volatility.

Options are pricing ±4.0% while MAR has averaged ±3.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

27.0%

Calls (338K)P/C Ratio: 1.06Puts (92K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Discretionary

n=30

Fade rate: 8 of 21 (38%)

This setup has occurred 30 times across Consumer Discretionary in the last 2 years. 13 of 21 (62%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.9%, with a raw directional average of +2.2% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Marriott beats expectations, history suggests the stock could rise around 3.1% on the following day, confirming positive market sentiment.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may experience a muted reaction as investors reassess growth prospects.

Miss

Should the company miss earnings expectations, history suggests a potential decline of approximately 3.45%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on the expansion of the loyalty program and its impact on bookings.
2Insights into occupancy rates and average daily rates in key markets.
3Any commentary on cost management strategies and their effectiveness.
4Guidance on future capital expenditures and property openings.
5Trends in international travel demand and how it affects overall performance.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Marriott International, Inc. is a leading global hotel and lodging company, operating a wide range of hotels and resorts....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and reflects the company's ability to generate earnings for shareholders.

$3.08

Revenue

Revenue growth indicates the company's ability to attract guests and drive sales, which is vital for its overall performance.

$7.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

MAR Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+1.30%

Avg Stock Reaction

+0.41%

Last Quarter Recap

In Q1 2026, Marriott reported an EPS of $2.72, exceeding expectations by 5.63%. The stock reacted positively, gaining 1.28% the following day.

Management Promises & Guidance

Focus on expanding its loyalty program to drive repeat business.
Commitment to enhancing guest experiences through technology.
Plans to open new properties in key markets.

Expectations

Wall Street Expectations

Bull Case

If Marriott exceeds EPS expectations and shows strong revenue growth, it could signal robust demand for travel and hospitality, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses earnings estimates or provides weak guidance, it may raise concerns about ongoing challenges in the travel sector, negatively impacting the stock.

Key Metrics to Watch

Earnings Per Share (EPS)

$3.08

EPS is a key indicator of profitability and reflects the company's ability to generate earnings for shareholders.

Revenue

$7.2B

Revenue growth indicates the company's ability to attract guests and drive sales, which is vital for its overall performance.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Marriott's EPS exceed the consensus estimate of $3.08?

A beat on EPS would reinforce the company's strong recovery and ability to manage costs effectively.

What guidance will Marriott provide regarding future revenue growth?

Guidance on revenue growth will indicate the company's outlook on travel demand and its ability to capitalize on market opportunities.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Marriott's ability to leverage its loyalty program and new technology investments to drive higher occupancy rates.

Supporting Evidence

Recent trends show increased travel demand, particularly in leisure segments, which could boost revenues beyond current estimates.

The options market is pricing in a 4.04% move, suggesting that investors expect significant volatility, which may not align with underlying demand trends.

Key Risk

If Marriott demonstrates strong revenue growth driven by its loyalty program, it could challenge the consensus expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on Marriott's ability to maintain profitability and navigate ongoing market challenges.

Bull Confirmed If

An EPS of $3.10 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $2.90 would confirm the bear case, raising concerns about demand and cost management.

Pre-Earnings Positioning

Options Market

Implied Move

±4.04%

Historical Avg

±3.4%

Pricing rich

The options market is pricing in a significant move around the earnings announcement, suggesting that investors are anticipating volatility.

Options are pricing ±4.0% while MAR has averaged ±3.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

27.0%

Calls (338K)P/C Ratio: 1.06Puts (92K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Discretionary

n=30

Fade rate: 8 of 21 (38%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Marriott beats expectations, history suggests the stock could rise around 3.1% on the following day, confirming positive market sentiment.

In-Line / Cautious

If results are in line but management provides cautious commentary, the stock may experience a muted reaction as investors reassess growth prospects.

Miss

Should the company miss earnings expectations, history suggests a potential decline of approximately 3.45%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on the expansion of the loyalty program and its impact on bookings.
2Insights into occupancy rates and average daily rates in key markets.
3Any commentary on cost management strategies and their effectiveness.
4Guidance on future capital expenditures and property openings.
5Trends in international travel demand and how it affects overall performance.