Marriott (MAR) Tops Q4 EPS by 1c

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Marriott International Reports Fourth Quarter 2016 Results

February 15, 2017 4:31 PM EST

BETHESDA, Md., Feb. 15, 2017 /PRNewswire/ --

HIGHLIGHTS

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, 2015; North American comparable systemwide constant dollar RevPAR rose 1.1 percent in the 2016 fourth quarter, while worldwide comparable systemwide... More