Marriott reports Q1 adjusted EPS $2.72, consensus $2.55

Reports Q1 revenue $6.65B, consensus $6.58B. Anthony Capuano, President and Chief Executive Officer, said, “We delivered excellent first quarter results, reflecting the strength of our brands, our unmatched global footprint, and the resilience of demand for travel. Global RevPAR increased over 4 percent, exceeding the high end of our expectations, driven by gains in both average daily rate and occupancy. RevPAR in the U.S. & Canada rose 4 percent, with performance strengthening throughout the quarter and growth broad-based across customer segments and chain scales.”