Marriott International MAR releases its next round of earnings this Wednesday, October 5, 2011. Here's Benzinga's essential guide to Marriott International's third quarter earnings report.
Earnings and Revenue:
Based on estimates, investors are readying for a positive EPS reading of 27 cents/share and revenues of $2.82 billion. Marriott International's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 22 cents/share on revenues of $2.65 billion. We'll know on Wednesday whether Marriott International has managed the estimated 22.7% increase in EPS and 6.4% rise in revenues on a year-over-year basis.Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q2 | Q1 | Q4 | Q3 |
EPS Estimate | $0.37 | $0.27 | $0.36 | $0.22 |
EPS Actual | $0.37 | $0.26 | $0.39 | $0.22 |
Stock Performance:
Shares of Marriott International were trading at $28.70 as of September 29, 2011. Since January 1st, shares of Marriott International have declined 30.3%.Average Stock Rating:
The average rating by analysts for Marriott International is a Moderate Buy. The strength of this rating has declined slightly over the past three months.Competitors:
Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Marriott International's peers.- Choice Hotels International (CHH): Hold with a $0.46 recent quarter EPS
- GAYLORD ENTERTAINMENT COMPANY (GET): Moderate Buy with a $0.17 recent quarter EPS
- Hyatt Hotels (H): Hold with a $0.27 recent quarter EPS
The hotels and motels company's industry has seen price/earnings growth of 0.7% during the current fiscal year.
Finally, a description of the company's main areas of operation: Marriott International operates and franchises hotels and related lodging facilities throughout the world.
Take Action:
There is your peek into Marriott International's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap. In the meantime, here are some links to explore today.
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