Marriott International Inc (NYSE:MAR) shares slipped more than 5% after the hotel chain's profit guidance disappointed investors. For the full year, the company expects adjusted earnings per share of $9.82 to $10.19, below Street expectations of $10.63 to $10.65.
MAR's fourth-quarter performance benefits from steady global travel demand and strategic portfolio expansion.
Marriott International Inc. (NASDAQ:MAR ) Q4 2024 Earnings Conference Call February 11, 2025 8:30 AM ET Company Participants Anthony Capuano - President, Chief Executive Officer Leeny Oberg - Chief Financial Officer Jackie McConagha - Senior Vice President, Investor Relations Conference Call Participants Shaun Kelley - Bank of America Patrick Scholes - Truist Securities Conor Cunningham - Melius Research Richard Clarke - Bernstein Robin Farley - UBS Stephen Grambling - Morgan Stanley David Katz - Jefferies Brandt Montour - Barclays Duane Pfenningwerth - Evercore ISI Smedes Rose - Citi Ari Klein - BMO Capital Markets Chad Beynon - Macquarie Lizzie Dove - Goldman Sachs Operator Good day everyone and welcome to the Marriott International Q4 2024 earnings call. At this time, all participants are in a listen-only mode.
Marriott International (MAR) shares fell 4% Tuesday as the hotel operator's guidance missed forecasts on slower room growth.
While the top- and bottom-line numbers for Marriott (MAR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lodging services giant Marriott International (MAR -3.94%) reported fourth-quarter and full-year 2024 earnings on Tuesday, Feb. 11, that exceeded analysts' consensus estimates. Adjusted EPS of $2.45 outperformed analysts' estimates of $2.39 while total revenue reached $6.43 billion, slightly higher than the anticipated $6.4 billion.
Marriott International (MAR) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.38 per share. This compares to earnings of $3.57 per share a year ago.
MAR's fourth-quarter 2024 results are likely to benefit from robust RevPAR and ADR growth.
Evaluate the expected performance of Marriott (MAR) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Marriott (MAR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Marriott International, Inc. is a buy due to its market dominance, strategic business diversification, and strong liquidity. MAR's Q3 FY24 performance showed stable topline growth with a 6.6% YoY increase, driven by franchise fees and strategic pricing amid market recovery. Marriott's liquidity remains robust with stable borrowings and a high FCF/Sales Ratio of 41%, ensuring efficient revenue management and expansion returns.
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