Earnings Preview: Marriott Reports Q3 Results Wednesday

Sep.30.11 | About: Marriott International, (MAR)

Marriott International, Inc. (NASDAQ:MAR) is due to report earnings after the closing bell on October 5, 2011.

Overview
MAR trades an average of 4.9 million shares per day.

Marriott International, Inc. operates and franchises hotels and related lodging facilities worldwide. The company was founded in 1971 and is headquartered in Bethesda, Maryland.

52-Week High: $42.78
52-Week Low: $25.49
Book Value: $3.22
Float Short: 6.33%

On average, 21 analysts are expecting a drop of $-0.10 in earnings per share compared to last quarter's results of $0.37. The number to beat is $0.27 per share, based on the estimated mean earnings. Analyst estimates range between $0.25 and $0.29 per share.

The current trailing twelve months (ttm) P/E ratio is 22.1. The forward P/E ratio is 19.6. Looking at the price movement over the last month, the stock has fallen in price -0.17%, with a one-year change of -19.99%. Compared to the S&P 500, the year-to-date difference is -25.12%.

Revenue year-over-year has increased to $11.69 billion for 2010 vs. $10.91 billion for 2009. The bottom line has rising earnings year-over-year of $458.00 million for 2010 vs. $-346.00 million for 2009. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $695.00 million for 2010 vs. $-152.00 million for 2009.

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Gross reported revenue compared to the mean estimate (rounded).


Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 2.90 B $ 2.97 B $ 71.13 M 2.45%
Mar-11 $ 2.74 B $ 2.78 B $ 42.96 M 1.57%
Dec-10 $ 3.58 B $ 3.64 B $ 58.73 M 1.64%
Sep-10 $ 2.66 B $ 2.65 B $ -14.37 M -0.54%
Jun-10 $ 2.76 B $ 2.77 B $ 13.02 M 0.47%
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M = millions, B = billions
Differences are rounded.
Some one-time items are often excluded in reported EPS.


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Reported earnings per share compared to the mean estimate. Differences are rounded.

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