While reporting financial results for the third quarter on Monday, Marriott International, Inc. (MAR) maintained its adjusted earnings guidance for the full-year 2025, while trimming gross fee revenue outlook.
For fiscal 2025, the company now projects adjusted earnings in a range of $9.82 to $10.19 per share on gross fee revenues between $5.365 billion and $5.475 billion, with worldwide comparable systemwide constant currency RevPAR growth of 1.5 to 3.5 percent.
Previously, the company expected adjusted earnings in a range of $9.82 to $10.19 per share on gross fee revenues between $5.37 billion and $5.48 billion.
On average, analysts polled expect the company to report earnings of $10.09 per share on revenues of $26.29 billion for the year. Analysts' estimates typically exclude special items.
For the second quarter, the company expects adjusted earnings in a range of $2.57 to $2.62 per share on gross fee revenues between $1.380 billion and $1.395 billion, with worldwide comparable systemwide constant currency RevPAR growth of 1.5 to 2.5 percent.
The Street is looking for earnings of $2.68 per share on revenues of $6.71 billion for the quarter.
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