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Marriott International Inc. Q3 adjusted earnings Beat Estimates

Marriott International Inc. (MAR) announced a profit for third quarter that dropped from last year.

The company's bottom line came in at $100 million, or $0.31 per share. This compares with $387 million, or $1.16 per share, in last year's third quarter.

Excluding items, Marriott International Inc. reported adjusted earnings of $20 million or $0.06 per share for the period.

Analysts had expected the company to earn -$0.08 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 57.4% to $2.25 billion from $5.28 billion last year.

Marriott International Inc. earnings at a glance:

-Earnings (Q3): $20 Mln. vs. $488 Mln. last year.
-EPS (Q3): $0.06 vs. $1.47 last year.
-Analysts Estimate: -$0.08
-Revenue (Q3): $2.25 Bln vs. $5.28 Bln last year.

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