Marriott (MAR) Tops Q3 EPS by 39c, Q4 EPS Guidance Comes in Light

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Go back to Marriott (MAR) Tops Q3 EPS by 39c, Q4 EPS Guidance Comes in Light

Marriott International Reports Third Quarter 2018 Results

November 5, 2018 4:30 PM EST

BETHESDA, Md., Nov. 5, 2018 /PRNewswire/ --

HIGHLIGHTS

Third quarter reported diluted EPS totaled $1.38, a 7 percent increase from prior year results.  Third quarter adjusted diluted EPS totaled $1.70, a 62 percent increase over third quarter 2017 adjusted results.  Adjusted results exclude merger-related adjustments, cost reimbursement revenue, and reimbursed expenses           During the 2018 third quarter, EPS included $0.26 from gains on asset sales ($71 million pretax reflected in Gains and other income, net and Equity in earnings);        Third quarter 2018 comparable systemwide constant dollar RevPAR rose 1.9 percent worldwide, 5.4 percent outside North America and 0.6... More