Marriott International Reports Fourth Quarter 2016 Results

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Go back to Marriott International Reports Fourth Quarter 2016 Results

Marriott (MAR) Tops Q4 EPS by 1c

February 15, 2017 4:33 PM EST

Marriott (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