Marriott (MAR) Tops Q3 EPS by 2c

November 7, 2016 4:32 PM EST
Get Alerts MAR Hot Sheet
Trade MAR Now!
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.

Marriott (NASDAQ: MAR) reported Q3 EPS of $0.91, $0.02 better than the analyst estimate of $0.89. Revenue for the quarter came in at $3.94 billion versus the consensus estimate of $4.15 billion.

Third quarter worldwide incentive management fees increased 19 percent to $81 million, primarily due to $4 million related to the eight days of Starwood's results in the quarter, higher RevPAR and house profit margins, as well as increased international distribution, partially offset by $2 million of unfavorable foreign exchange.


Marriott sees Q4 2016 EPS of $0.80-$0.85, versus the consensus of $0.88.

For earnings history and earnings-related data on Marriott (MAR) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Guidance

Related Entities


Add Your Comment