Plus   Neg

Marriott International Inc. Profit Climbs In Q4

Marriott International Inc. (MAR) announced earnings for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $415 million, or $1.12 per share. This was higher than $334 million, or $0.85 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.00 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.7% to $5.88 billion. This was up from $5.46 billion last year.

Marriott International Inc. earnings at a glance:

-Earnings (Q4): $415 Mln. vs. $334 Mln. last year.
-Earnings Growth (Y-o-Y): 24.3%
-EPS (Q4): $1.12 vs. $0.85 last year.
-EPS Growth (Y-o-Y): 31.8%
-Analysts Estimate: $1.00
-Revenue (Q4): $5.88 Bln vs. $5.46 Bln last year.
-Revenue Change (Y-o-Y): 7.7%

For comments and feedback contact: editorial@rttnews.com

Follow RTT