Marriott International Q3 Adjusted Earnings, Revenue Rise; 2024 Adjusted EPS Outlook Cut-February 2024-www.financetom.com

Marriott International Q3 Adjusted Earnings, Revenue Rise; 2024 Adjusted EPS Outlook Cut

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Marriott International Q3 Adjusted Earnings, Revenue Rise; 2024 Adjusted EPS Outlook Cut

Nov 4, 2024 11:40 AM

07:42 AM EST, 11/04/2024 (MT Newswires) -- Marriott International ( MAR ) reported Q3 adjusted earnings Monday of $2.26 per diluted share, up from $2.11 a year earlier.

Analysts polled by Capital IQ expected $2.31.

Total revenue for the quarter ended Sept. 30 was $6.26 billion, up from $5.93 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.26 billion.

For Q4, Marriott International ( MAR ) said it expects adjusted diluted EPS in the range of $2.31 to $2.39. Analysts surveyed by Capital IQ expect $2.43.

The company said it now expects 2024 adjusted diluted EPS of $9.19 to $9.27, compared with its prior guidance of $9.23 to $9.40. Analysts surveyed by Capital IQ expect $9.36.

Shares of the company fell 3.6% in recent premarket activity.

Price: 251.10, Change: -9.47, Percent Change: -3.63

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