Marriott International, Inc. (MAR)
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.
Gear Up for Marriott (MAR) Q3 Earnings: Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Marriott (MAR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Marriott International (MAR) Reports Next Week: Wall Street Expects Earnings Growth
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.
Should You Buy Marriott International (MAR) After Golden Cross?
Marriott International, Inc. (MAR) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, MAR's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
US FTC takes action against Marriott and Starwood over data breaches
The U.S. Federal Trade Commission said on Wednesday it will require Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to put in place an information security program to settle charges over multiple data breaches from 2014 to 2020.
25 Best Stocks for Your October Portfolio
After an unseasonably strong September , traders are eager to protect their profits, or perhaps even extend them into the new month.
Marriott to Open Londoner Grand in Macao With Sands China
MAR is set to expand its geographic footprint with the debut of its Luxury Collection brand, Londoner Grand, in Macao, in partnership with Sands China.
Cautious Chinese travelers are taking more last-minute trips as economy struggles
There is a "real crisis of consumer confidence" in China, Anthony Caputano, president and CEO of Marriott International said at the Bank of America Gaming and Lodging Conference last Thursday. The shorter booking metric — which usually points to consumers' increased uncertainty and caution with spending — makes it challenging for businesses to "predict and prepare" for demand.
