financetom
Business
financetom
/
Business
/
Marriott raises 2024 profit forecast on international travel demand
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Marriott raises 2024 profit forecast on international travel demand
May 1, 2024 4:39 AM

(Reuters) - Hotel operator Marriott International ( MAR ) raised its forecast for annual adjusted profit on Wednesday, banking on international travel demand to offset normalizing domestic travel in the U.S.

The Maryland-based company raised its 2024 adjusted profit forecast to a range of $9.31 to $9.65 per share, compared to its previous outlook range of $9.18 to $9.52 per share.

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 >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Edwards Lifesciences Insider Sold Shares Worth $447,977, According to a Recent SEC Filing
Edwards Lifesciences Insider Sold Shares Worth $447,977, According to a Recent SEC Filing
May 26, 2025
05:17 PM EDT, 05/06/2025 (MT Newswires) -- Bernard J Zovighian, Director, CEO, on May 03, 2025, sold 5,980 shares in Edwards Lifesciences ( EW ) for $447,977. Following the Form 4 filing with the SEC, Zovighian has control over a total of 61,889 shares of the company, with 58,284 common shares held directly and 3,606 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1099800/000122520825004799/xslF345X05/doc4.xml...
Amentum Fiscal Q2 Earnings, Revenue Rise; Updates Outlook
Amentum Fiscal Q2 Earnings, Revenue Rise; Updates Outlook
May 26, 2025
05:14 PM EDT, 05/06/2025 (MT Newswires) -- Amentum (AMTM) reported fiscal Q2 adjusted earnings late Tuesday of $0.53 per diluted share, up from $0.51 a year earlier. Analysts polled by FactSet expected $0.47. Revenue for the quarter ended March 28 was $3.49 billion, compared with $2.05 billion a year earlier. Analysts surveyed by FactSet expected $3.43 billion. For fiscal year...
Mosaic beats first-quarter profit estimates on South America business strength
Mosaic beats first-quarter profit estimates on South America business strength
May 26, 2025
May 6 (Reuters) - Fertilizer producer Mosaic beat Wall Street expectations for first-quarter profit on Tuesday, driven by strength in its South America business. Shares of the company rose more than 2% after the bell. The results come as the agrichemical industry braces for the potential fallout from U.S. President Donald Trump's sweeping tariffs on most imports. However, Mosaic expects...
Copyright 2023-2026 - www.financetom.com All Rights Reserved