07:31 AM EDT, 05/01/2024 (MT Newswires) -- Marriott International ( MAR ) reported Q1 adjusted earnings Wednesday of $2.13 per diluted share, up from $2.09 a year earlier.

Analysts polled by Capital IQ expected $2.16.

Revenue for the quarter ended March 31 was $5.98 billion, up from $5.62 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.95 billion.

For Q2, the hotel, resort, and entertainment company expects adjusted earnings of $2.43 to $2.48 per diluted share. Analysts polled by Capital IQ expect $2.51.

For 2024, the company now expects adjusted earnings of $9.31 to $9.65 per diluted share from the previous guidance of $9.18 to $9.52 per share. Analysts polled by Capital IQ expect $9.44.

Shares of the company were down more than 1% in recent Wednesday premarket activity.

Price: 233.00, Change: -3.13, Percent Change: -1.33