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What Analyst Projections for Key Metrics Reveal About Marriott (MAR) Q3 Earnings
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Wall Street analysts forecast that Marriott International (MAR - Free Report) will report quarterly earnings of $2.10 per share in its upcoming release, pointing to a year-over-year increase of 24.3%. It is anticipated that revenues will amount to $5.9 billion, exhibiting an increase of 11% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Marriott metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts predict that the 'Revenues- Gross fee revenues' will reach $1.22 billion. The estimate suggests a change of +14.7% year over year.
Analysts expect 'Revenues- Net fee revenues' to come in at $1.19 billion. The estimate suggests a change of +14.9% year over year.
Based on the collective assessment of analysts, 'Revenues- Owned, leased, and other revenue' should arrive at $366.44 million. The estimate points to a change of +6.2% from the year-ago quarter.
The consensus estimate for 'Revenues- Franchise fees' stands at $738.49 million. The estimate points to a change of +8.9% from the year-ago quarter.
The consensus among analysts is that 'Revenues- Incentive management fees' will reach $165.93 million. The estimate suggests a change of +56.5% year over year.
Analysts forecast 'Revenues- Cost reimbursements' to reach $4.35 billion. The estimate indicates a year-over-year change of +10.6%.
The collective assessment of analysts points to an estimated 'Revenues- Base management fees' of $310.71 million. The estimate suggests a change of +13% year over year.
Analysts' assessment points toward 'Comparable Systemwide International Properties - Worldwide - REVPAR Growth Rate' reaching 8.5%. The estimate compares to the year-ago value of 28.5%.
It is projected by analysts that the 'Rooms - Total' will reach 1,598,856. The estimate is in contrast to the year-ago figure of 1,507,000.
Marriott shares have witnessed a change of -1% in the past month, in contrast to the Zacks S&P 500 composite's -2.2% move. With a Zacks Rank #3 (Hold), MAR is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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What Analyst Projections for Key Metrics Reveal About Marriott (MAR) Q3 Earnings
Wall Street analysts forecast that Marriott International (MAR - Free Report) will report quarterly earnings of $2.10 per share in its upcoming release, pointing to a year-over-year increase of 24.3%. It is anticipated that revenues will amount to $5.9 billion, exhibiting an increase of 11% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Marriott metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts predict that the 'Revenues- Gross fee revenues' will reach $1.22 billion. The estimate suggests a change of +14.7% year over year.
Analysts expect 'Revenues- Net fee revenues' to come in at $1.19 billion. The estimate suggests a change of +14.9% year over year.
Based on the collective assessment of analysts, 'Revenues- Owned, leased, and other revenue' should arrive at $366.44 million. The estimate points to a change of +6.2% from the year-ago quarter.
The consensus estimate for 'Revenues- Franchise fees' stands at $738.49 million. The estimate points to a change of +8.9% from the year-ago quarter.
The consensus among analysts is that 'Revenues- Incentive management fees' will reach $165.93 million. The estimate suggests a change of +56.5% year over year.
Analysts forecast 'Revenues- Cost reimbursements' to reach $4.35 billion. The estimate indicates a year-over-year change of +10.6%.
The collective assessment of analysts points to an estimated 'Revenues- Base management fees' of $310.71 million. The estimate suggests a change of +13% year over year.
Analysts' assessment points toward 'Comparable Systemwide International Properties - Worldwide - REVPAR Growth Rate' reaching 8.5%. The estimate compares to the year-ago value of 28.5%.
It is projected by analysts that the 'Rooms - Total' will reach 1,598,856. The estimate is in contrast to the year-ago figure of 1,507,000.
View all Key Company Metrics for Marriott here>>>
Marriott shares have witnessed a change of -1% in the past month, in contrast to the Zacks S&P 500 composite's -2.2% move. With a Zacks Rank #3 (Hold), MAR is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>