Marriott (MAR) Says On Track to Have 4K Hotels by 2014; Sees FY14 EPS $2.45-$2.85
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Price: $43.73 --0%
EPS Growth %: +43.3%
Financial Fact:
Equity in losses: 0
Today's EPS Names:
CAMT, HAST, BABY, More
EPS Growth %: +43.3%
Financial Fact:
Equity in losses: 0
Today's EPS Names:
CAMT, HAST, BABY, More
Trade MAR Now!
Marriott International, Inc. (NYSE: MAR) will say today it is on track to have 4,000 hotels in 90 countries across its 14-brand lodging portfolio by 2014. In presentations at its first meeting in China for security analysts and institutional investors, Marriott also will say it expects to have more than 100 hotels across nine brands and nearly 40 markets in China by 2014.
Assuming 6 to 8 percent compound growth in worldwide systemwide Revenue per Available Room (RevPAR) for 2012 through 2014, diluted earnings per share (EPS) could reach $2.45 to $2.85 in 2014.
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Assuming 6 to 8 percent compound growth in worldwide systemwide Revenue per Available Room (RevPAR) for 2012 through 2014, diluted earnings per share (EPS) could reach $2.45 to $2.85 in 2014.
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