27.04.2016 22:36:13
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Marriott International Inc. Q1 Profit Climbs 9%
(RTTNews) - Marriott International Inc. (MAR) released earnings for its first quarter that climbed from last year.
The company said its bottom line climbed to $226 million, or $0.87 per share. This was up from $207 million, or $0.73 per share, in last year's first quarter.
Analysts had expected the company to earn $0.84 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 7.4% to $3.77 billion. This was up from $3.51 billion last year.
Marriott International Inc. earnings at a glance:
-Earnings (Q1): $226 Mln. vs. $207 Mln. last year. -Earnings Growth (Y-o-Y): 9.2% -EPS (Q1): $0.87 vs. $0.73 last year. -EPS Growth (Y-o-Y): 19.2% -Analysts Estimate: $0.84 -Revenue (Q1): $3.77 Bln vs. $3.51 Bln last year. -Revenue Change (Y-o-Y): 7.4%
-Guidance: Next quarter EPS guidance: $0.96 - $1.00
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