Marriott International Reports First Quarter 2021 Results
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Marriott International (MAR) PT Raised to $140 at Stifel Following Earnings
May 10, 2021 11:32 AM EDTStifel analyst Simon Yarmak raised the price target on Marriott International (NASDAQ: MAR) to $140.00 (from $120.00) while maintaining a Hold rating following earnings.
The analyst said fundamentals are heading in the right direction.
... MoreMarriott (MAR) Tops Q1 EPS by 6c, Revenues Miss
May 10, 2021 7:05 AM EDTMarriott (NASDAQ: MAR) reported Q1 EPS of $0.10, $0.06 better than the analyst estimate of $0.04. Revenue for the quarter came in at $2.32 billion versus the consensus estimate of $2.39 billion.
First quarter 2021 comparable systemwide constant dollar RevPAR declined 46.3 percent worldwide, 46.3 percent in the U.S. & Canada, and 46.1 percent in international markets, compared to the 2020 first quarter;First quarter 2021 comparable systemwide constant dollar RevPAR declined 59.1 percent worldwide, 57.1 percent in the U.S. & Canada, and 64.1 percent in international markets, compared to the 2019 first quarter;First quarter reported diluted loss per share totaled $0.03, compared to... More