Marriott International Reports Fourth Quarter 2016 Results
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Marriott (MAR) Tops Q4 EPS by 1c
February 15, 2017 4:33 PM ESTMarriott (NASDAQ: MAR) reported Q4 EPS of $0.85, $0.01 better than the analyst estimate of $0.84. Revenue for the quarter came in at $5.46 billion versus the consensus estimate of $4.96 billion.
Fourth quarter reported diluted EPS totaled $0.62, a 19 percent decrease over prior year results. Fourth quarter adjusted diluted EPS totaled $0.85, a 20 percent increase over fourth quarter 2015 combined results. Adjusted 2016 fourth quarter results exclude merger-related costs. Combined 2015 fourth quarter results assume Marriott\'s acquisition of Starwood and Starwood\'s sale of its timeshare business had been completed on January 1,... More