28.10.2015 21:57:35
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Marriott International Inc. Profit Rises 9% In Q3
(RTTNews) - Marriott International Inc. (MAR) revealed earnings for its third quarter that rose from last year.
The company said its bottom line came in at $210 million, or $0.78 per share. This was higher than $192 million, or $0.65 per share, in last year's third quarter.
Analysts had expected the company to earn $0.74 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 3.5% to $3.58 billion. This was up from $3.46 billion last year.
Marriott International Inc. earnings at a glance:
-Earnings (Q3): $210 Mln. vs. $192 Mln. last year. -Earnings Growth (Y-o-Y): 9.4% -EPS (Q3): $0.78 vs. $0.65 last year. -EPS Growth (Y-o-Y): 20.0% -Analysts Estimate: $0.74 -Revenue (Q3): $3.58 Bln vs. $3.46 Bln last year. -Revenue Change (Y-o-Y): 3.5%
-Guidance: Next quarter EPS guidance: $0.74 - $0.78 Full year EPS guidance: $3.12 - $3.16
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