This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
|Zacks Rank||Definition||Annualized Return|
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at firstname.lastname@example.org or call 800-767-3771 ext. 9339.
Leading hospitality company, Marriott International, Inc. (MAR - Analyst Report) is expected to beat the Zacks Consensus Estimates when it reports fourth quarter and full year 2012 results on February 19, 2013, after the closing bell.
Why a Likely Positive Surprise?
Our proven model shows that Marriott is likely to beat earnings as it has the appropriate combination of two key ingredients:
Positive Zacks ESP: Earnings ESP (Read: Zacks Earnings ESP: A Better Method), which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is at +3.64%. This is a meaningful and leading indicator for a likely positive earnings surprise for shares.
The combination of the stock’s Zacks Rank #3 (Hold) and +3.64% Earnings ESP makes us confident of a positive earnings surprise in the to-be-reported quarter.
Stocks with Zacks Ranks of #1, #2 and #3 have significantly higher chances of beating the earnings.
What is Driving the Better than Expected Earnings?
Marriott with its strong portfolio of leading brands offer a substantial geographic reach worldwide. The company’s lodging business in domestic market is constantly growing. In the third quarter of 2012, North America’s comparable system-wideRevPAR increased 6.3%, with the average daily rate growing 4.9%.
The company has a substantial development pipeline and is poised to benefit from the increase in demand for hotels, going forward. Marriott continues to expand its U.S. and international market share in 2012. Marriot expects to unveil nearly 28,000 rooms in 2012, including brand acquisitions.
Further, Marriott’s cost effective initiatives and share repurchase activities are highly impressive which will help it augment its performance, moving ahead.
Other Stocks to Consider
Marriott is not the only stock performing impressively this earnings season. We also observe that there are other companies, which are likely to beat earnings.
Please login to Zacks.com or register to post a comment.