澳洲幸运5官方开奖结果体彩网

Marriott Stock Slips on Soft Outlook for Room Growth, Profit

A Marriott hotel in Baltimore

Angus Mordant / Bloomberg via Getty Images

Key Takeaways

  • Marriott International gave weaker-than-expected guidance, and shares fell from their record closing high set yesterday.
  • The hotelier's current-quarter profit and room-growth outlook were below analysts' forecasts.
  • The news offset better-than-anticipated fourth-quarter earnings and revenue.

Marriott International (MAR) shares fell 4% Tuesday as the hotel operator's guidance missed forecasts on slower room growth.

The company sees current-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) in the range of $2.20 to $2.26, and full-year adjusted EPS of $9.83 to $10.19. Analysts surveyed by Visible Alpha were looking for $2.35 and $10.58, respectively. Marriott's net room growth expectation is for a gain of 4% to 5%, while the Visible Alpha estimate was 🎐for 5.23%.

Marriott Q4 Results Top Estimates

The outlook offset strong fourth-quarter results. The company posted adjusted EPS of $2.45, with revenue rising more than 5% year-over-year 🦋to $6.43 billion. Both exceeded♑ predictions.

CEO Anthony Capuano said worldwide revenue per available room (RevPAR) was up 5% on increases in average daily rate (ADR) an☂d occupancy. Capuano added international RevPAR rose 7%, driven by strong leisure demand, while U.S. and Canada RevPAR grew more than 4% as all customer segments gained. 

Shares of Marriott International set an all-time closing high yesterday, and despite today's decline, they're about 18% higher over the past year.

MAR

TradingView

Do you have a news tip for Investopedia reporters? Please email us at
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. Marriott International. ".”

Compare Accounts
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Related Articles