Marriott (MAR) Tops Q1 EPS by 10c

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Go back to Marriott (MAR) Tops Q1 EPS by 10c

Marriott International Reports First Quarter 2017 Results Highlights

May 8, 2017 4:30 PM EDT

BETHESDA, Md., May 8, 2017 /PRNewswire/ --

First quarter reported diluted EPS totaled $0.94, an 11 percent increase over prior year results. First quarter adjusted diluted EPS totaled $1.01, a 38 percent increase over first quarter 2016 combined results. Adjusted 2017 first quarter results exclude merger-related costs. Combined 2016 first quarter results assume Marriott's acquisition of Starwood and Starwood's sale of its timeshare business had been completed on January 1, 2015; Both North American and worldwide comparable systemwide constant dollar RevPAR rose 3.1 percent in the 2017 first quarter; The company added more than 17,000 rooms during the first quarter, including roughly... More