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

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

Marriott International Reports Fourth Quarter 2019 Results

February 26, 2020 4:30 PM EST

BETHESDA, Md., Feb. 26, 2020 /PRNewswire/ --

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 gains; Fourth quarter 2019 comparable systemwide constant dollar RevPAR rose 1.1 percent worldwide, with 1.5 percent... More