Marriott, a big company that owns hotels, did not make as much money as people thought they would in the last three months. They still made more money than expected, but not enough to make everyone happy. Some people who watch the company and give it a score changed their scores because of this. The people who own the company's stock might not be very happy about this news. Read from source...

- Story has no headline or introduction, jumps right into the details of Marriott's Q2 results.
- Story lacks any analysis or context of the numbers, revenue miss, adjusted EPS beat, and future guidance.
- Story only quotes Marriott's CEO without providing any balance or contrary opinions.
- Story does not mention any of the analyst price target changes or ratings changes, which are the main focus of the article.
- Story ends abruptly with a Benzinga promotional message, without any conclusion or summary.

Negative
Article's Overall Tone: Negative
Article's Key Points:
- Marriott 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.
- 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.
- 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 $5.18 billion to $5.28 billion).
- Marriott shares fell 4.7% to trade at $216.45 on Thursday.
- Analysts made changes to their price targets on Marriott following earnings announcement.

- Marriott International, Inc. (MA) 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.
- The company's revenue miss was mainly driven by the strong dollar, which negatively affected international results.
- International RevPAR rose over 7%, driven by a notable 13% increase in Asia Pacific (excluding China) compared to the previous year.
- Marriott International's management maintained its full-year 2024 guidance, but lowered its expectations for the third quarter and the full year.
- Marriott International's shares fell 4.7% to trade at $216.45 on Thursday.
- Analysts made changes to their price targets on Marriott following the earnings announcement. Baird, Wells Fargo, and Barclays maintained their neutral or underperform ratings on the stock, while Deutsche Bank maintained its hold rating. The average price target on the stock was reduced to $231.33 from $243.25.
- Based on the above information, Marriott International is still a solid long-term investment due to its strong brand recognition, loyal customer base, and diversified portfolio of hotels. However, the company faces near-term headwinds from the strong dollar and higher costs. Therefore, AI suggests investors to hold the stock or buy on dips, but not to add new positions at these levels.