BETHESDA (dpa-AFX) - Marriott International Inc. (MAR) released earnings for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $728 million, or $2.67 per share. This compares with $584 million, or $2.07 per share, last year.
Excluding items, Marriott International Inc. reported adjusted earnings of $674 million or $2.47 per share for the period.
Analysts on average had expected the company to earn $2.39 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.7% to $6.489 billion from $6.255 billion last year.
Marriott International Inc. earnings at a glance (GAAP) :
-Earnings: $728 Mln. vs. $584 Mln. last year. -EPS: $2.67 vs. $2.07 last year. -Revenue: $6.489 Bln vs. $6.255 Bln last year.
-Guidance: Next quarter EPS guidance: $2.54 - $2.62 Full year EPS guidance: $9.98 - $10.06
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