Marriott: Q3 Earnings Insights

Marriott: Q3 Earnings Insights

Marriott Intl MAR reported its Q3 earnings results on Thursday, November 3, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Marriott Intl beat estimated earnings by 1.2%, reporting an EPS of $1.69 versus an estimate of $1.67.

Revenue was up $1.37 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.26 which was followed by a 0.7% increase in the share price the next day.

Here's a look at Marriott Intl's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.54 0.90 0.99 0.98
EPS Actual 1.80 1.25 1.30 0.99
Revenue Estimate 4.92B 4.11B 3.98B 3.81B
Revenue Actual 5.34B 4.20B 4.45B 3.95B

To track all earnings releases for Marriott Intl visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings