Marriott Int'l. (MAR) Tops Q4 EPS by 3c, Offers Q1, FY15 Guidance
Marriott Int'l. (NASDAQ: MAR) reported Q4 EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter came in at $3.56 billion versus the consensus estimate of $3.48 billion.
Marriott Int'l. sees FY2015 EPS of $3.00-$3.12, versus the consensus of $3.03.
Marriott Int'l. sees Q1 2015 EPS of $0.68-$0.72, versus the consensus of $0.66. Marriott Int'l. sees Q1 2015 revenue of $440-450 million.
First Quarter 2015 | Full Year 2015 | |
Total fee revenue | $440 million to $450 million | $1,875 million to $1,915 million |
Owned, leased and other revenue, net of direct expenses | Approx. $60 million | Approx. $250 million |
Depreciation, amortization, and other expenses | Approx. $30 million | Approx. $135 million |
General, administrative, and other expenses | $150 million to $155 million | $635 million to $645 million |
Operating income | $315 million to $330 million | $1,345 million to $1,395 million |
Gains and other income | Approx. $0 million | Approx. $0 million |
Net interest expense1 | Approx. $30 million | Approx. $135 million |
Equity in earnings (losses) | Approx. $0 million | Approx. $5 million |
Earnings per share | $0.68 to $0.72 | $3.00 to $3.12 |
Tax rate | 32.3 percent |
For earnings history and earnings-related data on Marriott Int'l. (MAR) click here.