Marriott International, Inc. (MAR)
Marriott Expands in EMEA Region With Its Branded Residences
MAR's expansion of its branded residential portfolio into the EMEA region marks great heights for this segment on a global aspect.
Marriott CEO Anthony Capuano: Modest-income households want to travel, but they want value too
Modest-income households have a strong appetite for travel and "a real desire to find a value alternative," said Marriott CEO Anthony Capuano, while in Japan following the debut opening of the company's midscale brand, Four Points Flex by Sheraton, in Asia-Pacific (excluding China).
Marriott CEO Tony Capuano: 'We are firing on all cylinders in every geography'
Marriott International's business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid corporate layoffs and sluggishness in China's domestic tourism market. Demand and high occupancy levels in Japan, the Middle East and Western Europe are driving global growth, he said.
Marriott Analysts Boost Their Forecasts After Q3 Earnings
Marriott International MAR reported worse-than-expected third-quarter financial results and issued FY24 adjusted EPS guidance below estimates on Monday.
Marriott has room to grow in Asia beyond China: Analyst
Global hotel chain Marriott International (MAR) cut its full-year outlook in connection to declining revenue in the Chinese market. Marriott just missed estimates on its top and bottom lines, posting $6.25 billion in revenue and adjusted earnings per share of $2.26.
Marriott International, Inc. (MAR) Q3 2024 Earnings Call Transcript
Marriott International, Inc. (NASDAQ:MAR ) Q3 2024 Earnings Conference Call November 4, 2024 8:30 AM ET Company Participants Jackie McConagha - SVP, IR Anthony Capuano - President & CEO Leeny Oberg - CFO & EVP, Development Conference Call Participants Stephen Grambling - Morgan Stanley Shaun Kelley - Bank of America Patrick Scholes - Truist Securities Richard Clarke - Bernstein Robin Farley - UBS Joe Greff - JPMorgan Brandt Montour - Barclays David Katz - Jefferies Dan Politzer - Wells Fargo Michael Bellisario - Baird Duane Pfennigwerth - Evercore ISI Smedes Rose - Citi Lizzie Dove - Goldman Sachs Chad Beynon - Macquarie Conor Cunningham - Melius Research Operator Good day, and welcome to today's Marriott International Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Stock Of The Day: Can 'Market Memory' Support Marriott After Earnings Miss?
Marriott International MAR shares dropped Monday following third-quarter earnings that missed expectations. Despite a decline, the stock appears to have found support at a key price level, reflecting “market memory.
Marriott's Q3 Earnings & Revenues Miss Estimates, '24 View Cut
MAR's third-quarter top line reflects strong contributions from Base management and Franchise fees.
Marriott shares slip after Q3 earnings miss, guidance lowered
Marriott International Inc (NYSE:MAR) shares were trading lower on Monday after it reported third-quarter earnings that missed analyst estimates. The hotel giant lowered its annual profit forecast, citing weak domestic travel in China that overshadowed strong international and group demand, causing shares to drop around 2.4% in early trading.
Here's What Key Metrics Tell Us About Marriott (MAR) Q3 Earnings
Although the revenue and EPS for Marriott (MAR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Marriott International (MAR) Misses Q3 Earnings and Revenue Estimates
Marriott International (MAR) came out with quarterly earnings of $2.26 per share, missing the Zacks Consensus Estimate of $2.31 per share. This compares to earnings of $2.11 per share a year ago.
Marriott Gears Up to Report Q3 Earnings: What's in Store?
MAR's third-quarter 2024 results are likely to reflect increased global travel demand, particularly in international markets, leading to RevPAR growth.
