Starwood Hotels (HOT) Tops Q3 EPS by 21c; REVPAR Up 9.2%; Guides FY11 EPS

October 27, 2011 6:43 AM EDT
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) reported Q3 EPS of $0.60, $0.21 better than the analyst estimate of $0.39. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.36 billion.

Worldwide REVPAR for Starwood branded Same-Store Owned Hotels increased 16.2% (9.2% in constant dollars) compared to 2010.

Starwood Hotels & Resorts Worldwide, Inc. sees FY2011 EPS of $1.75-$1.79, versus the consensus of $1.74.


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