Marriott (MAR) Appoints Current CEO Anthony Capuano as President and CEO, Declares Dividend

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Go back to Marriott (MAR) Appoints Current CEO Anthony Capuano as President and CEO, Declares Dividend

Marriott (MAR) shares climb following earnings, revenue beat

February 14, 2023 9:09 AM EST

Marriott (NASDAQ: MAR) shares are slightly higher premarket on the back of its fourth-quarter earnings and revenue beat.

The hotel operator reported earnings of $1.96, $0.13 better than the analyst estimate of $1.83, with revenue for the quarter coming in at $5.92 billion versus the consensus estimate of $5.39 billion.

RevPAR grew 5% compared to 2019, driven by a 13%... More