- Marriott International (NASDAQ:MAR) is down 3.85% in premarket action after warning that it expects a $25M hit to monthly fee revenue from the coronavirus outbreak.
- Marriott didn't include the coronavirus impact into its full-year profit guidance, which came in at $6.30 to $6.53 vs. $6.47 consensus. RevPAR is seen being flat to +2% worldwide. Adjusted EBITDA of $3.70B to $3.80B is anticipated vs. $3.80B consensus.
- Previously: Marriott EPS beats by $0.10, misses on revenue (Feb. 26)
Marriott International falls after coronavirus warning
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Symbol | Last Price | % Chg |
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MAR | - | - |
Marriott International, Inc. |