Loading...
Loading...
Marriott International
MAR released its fiscal second-quarter earnings results after the closing bell on Wednesday. The company reported net income of $143 million or $0.42 per share, compared to $135 million or $0.37 per share, in the year ago period. This was in-line with Wall Street analysts' consensus EPS estimates of $0.42.
Total revenues in the quarter were down $2.78 billion versus $2.97 billion last year. This missed analysts' consensus revenue estimates of $2.84 billion.
Marriott also provided forward looking guidance. The company sees third-quarter earnings per share of $0.39 to $0.43 and total fee revenue of $315 million to $325 million. Currently, analysts are expecting MAR to report EPS of $0.37.
For fiscal 2012, MAR sees earnings per share in a range between $1.65 to $1.75. This compares to current analysts' consensus EPS of $1.65.
In Wednesday's after hours trading session, MAR shares were trading down a little less than 2% to $37.39.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in