financetom
Business
financetom
/
Business
/
Marriott International Q3 Adjusted Earnings, Revenue Rise; 2024 Adjusted EPS Outlook Cut
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple CEO Tim Cook arrives in Vietnam to meet users, boost supplier ties
Apple CEO Tim Cook arrives in Vietnam to meet users, boost supplier ties
Apr 14, 2024
HANOI, April 15 (Reuters) - Apple ( AAPL ) CEO Tim Cook arrived in Hanoi on Monday, starting a two-day visit to Vietnam, a key manufacturing hub for the iPhone maker, during which he is expected to meet students and content creators, state media said. Cook will also meet users of Apple ( AAPL ) products to better understand how...
Hedge fund Shah Capital urges board shake-up at Novavax over struggling Covid vaccine, FT reports
Hedge fund Shah Capital urges board shake-up at Novavax over struggling Covid vaccine, FT reports
Apr 14, 2024
April 15 (Reuters) - U.S.-based hedge fund Shah Capital wrote to the Novavax ( NVAX ) board on Monday to push for the instalment of two new independent board directors, the Financial Times reported on Monday. Shah Capital also wants a pivot in the biotech company's sales strategy for its Covid-19 shot, which is based on traditional vaccine technology, to...
Record debt costs mean climate spending could push nations to brink of insolvency
Record debt costs mean climate spending could push nations to brink of insolvency
Apr 14, 2024
LONDON (Reuters) - Emerging countries will pay a record $400 billion to service external debt this year, and nearly four dozen cannot spend the money they need for climate adaptation and sustainable development without risking default in the next five years, according to a report led by Boston University released on the eve of the IMF/World Bank spring meetings. The...
BRIEF-Prysmian To Acquire Encore Wire For $290 Per Share In Cash
BRIEF-Prysmian To Acquire Encore Wire For $290 Per Share In Cash
Apr 14, 2024
April 15 (Reuters) - Prysmian - Prysmian Spa ( PRYMF ): To Acquire Encore Wire For $290.00 Per Share In Cash: * ITALY'S PRYSMIAN - TRANSACTION, ENCORE WIRE'S ( WIRE ) IMPLIED ENTERPRISE VALUE IS APPROXIMATELY EUR 3.9 BILLION1 * AT TERMS OF TRANSACTION, ENCORE WIRE'S ( WIRE ) IMPLIED ENTERPRISE VALUE IS APPROXIMATELY EUR 3.9 BILLION * PRYSMIAN EXPECTS...
Copyright 2023-2026 - www.financetom.com All Rights Reserved