Marriott International Reports Fourth Quarter 2019 Results
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Go back to Marriott International Reports Fourth Quarter 2019 Results
February 27, 2020 10:12 AM EST
Greater China Revpar Fell Almost 90% in February: Marriott (NASDAQ: MAR) CEO - Bloomberg
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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
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...
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