Starwood Hotels & Resorts Worldwide, Inc. (HOT) Tops Q2 EPS by 4c, Posts Q3 & FY11 Guidance

July 28, 2011 7:23 AM EDT
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) reported Q2 EPS of $0.50, $0.04 better than the analyst estimate of $0.46.Worldwide System-wide REVPAR for Same-Store Hotels increased 11.8% (8.2% in constant dollars) compared to 2010. System-wide REVPAR for Same-Store Hotels in North America increased 9.5% (8.7% in constant dollars).

Starwood Hotels & Resorts Worldwide, Inc. sees Q3 2011 EPS of $0.36-$0.40, versus the consensus of $0.37.

Starwood Hotels & Resorts Worldwide, Inc. sees FY2011 EPS of $1.67-$1.77, versus the consensus of $1.72.


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