Wall Street's sell-off deepens as coronavirus fears intensify

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SunTrust Reiterates Hold Rating on Marriott International (MAR) Following 4Q

February 27, 2020 7:30 AM EST

SunTrust analyst Patrick Scholes reiterated a Hold rating and $128.00 price target on Marriott International (NASDAQ: MAR) following the company's 4Q earnings report. Adjusted EBITDA of $901M was slightly below the consensus of $906M. Guidance was $896M-$913M. Adjusted Diluted EPS of $1.57 compares to a... More

Marriott (MAR) Tops Q4 EPS by 10c, Revenues Miss; Offers Q1 EPS Guidance Above Consensus, Provides FY20 EPS Guidance Outlook

February 26, 2020 4:55 PM EST

Marriott (NASDAQ: MAR) reported Q4 EPS of $1.57, $0.10 better than the analyst estimate of $1.47. Revenue for the quarter came in at $5.37 billion versus the consensus estimate of $5.48 billion.

HIGHLIGHTS

Fourth quarter reported diluted EPS totaled $0.85, compared to $0.92 in the year-ago quarter. Fourth quarter adjusted diluted EPS totaled $1.57, compared to fourth quarter 2018 adjusted diluted EPS of $1.44. Reported and adjusted diluted EPS for the 2019 fourth quarter included the benefit of $0.32 of asset sale gains, partially offset by $0.26 of asset impairments. Reported and adjusted diluted EPS for the 2018 fourth quarter included the benefit of $0.02 of asset sale... More

'Intensified' Put Buying in Norwegian Cruise Line (NCLH) and Cruise Line Peers, Amid Negative Coronavirus Impact -Susquehanna

February 26, 2020 2:51 PM EST

Susquehanna options strategist Alison Edwards notes "intensified" put buying in cruise line companies with Norwegian Cruise Line (NYSE: NCLH) seeing investors purchase 5k Jun 27.5 Puts for $0.90 and 1.5k Mar 35 puts, following buyers March and Sept puts yesterday.

In Carnival Cruise (NYSE:... More