Starwood Hotels & Resorts (HOT) Tops Q1 EPS Views; Guides FY13, Q2 EPS

April 30, 2013 6:12 AM EDT
Starwood Hotels & Resorts (NYSE: HOT) reported Q1 EPS of $0.76, $0.23 better than the analyst estimate of $0.53. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.47 billion.

Worldwide Systemwide REVPAR for Same-Store Hotels increased 5.0% in constant dollars (4.6% in actual dollars) compared to the first quarter of 2012. International Systemwide REVPAR for Same-Store Hotels increased 3.4% in constant dollars (increased 2.6% in actual dollars).

Sees FY2013 EPS of $2.75-$2.83, versus the consensus of $2.66.

Sees Q2 2013 EPS of $0.70-$0.73, versus the consensus of $0.72.

For earnings history and earnings-related data on Starwood Hotels & Resorts (HOT) click here.


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