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Gear Up for Marriott (MAR) Q1 Earnings: Wall Street Estimates for Key Metrics
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Wall Street analysts expect Marriott International (MAR - Free Report) to post quarterly earnings of $2.60 per share in its upcoming report, which indicates a year-over-year increase of 12.1%. Revenues are expected to be $6.59 billion, up 5.3% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.9% 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.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Marriott metrics that are commonly monitored and projected by Wall Street analysts.
Analysts' assessment points toward 'Revenues- Gross fee revenues' reaching $1.38 billion. The estimate points to a change of +8.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Net fee revenues' of $1.34 billion. The estimate indicates a change of +7.8% from the prior-year quarter.
Analysts predict that the 'Revenues- Owned, leased, and other revenue' will reach $356.23 million. The estimate indicates a change of -1.3% from the prior-year quarter.
The consensus among analysts is that 'Revenues- Franchise fees' will reach $835.97 million. The estimate indicates a year-over-year change of +12.1%.
The average prediction of analysts places 'Comparable Systemwide International Properties - Worldwide - REVPAR' at 122 . Compared to the present estimate, the company reported 119 in the same quarter last year.
It is projected by analysts that the 'Rooms - Owned/Leased' will reach 14,299 . Compared to the current estimate, the company reported 14,312 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Rooms - Total' should arrive at 1,789,530 . The estimate is in contrast to the year-ago figure of 1,718,542 .
Analysts expect 'Rooms - Franchised' to come in at 1,187,515 . The estimate is in contrast to the year-ago figure of 1,120,634 .
The combined assessment of analysts suggests that 'Comparable Systemwide International Properties - Worldwide - REVPAR Growth Rate' will likely reach 2.3%. Compared to the current estimate, the company reported 4.1% in the same quarter of the previous year.
Analysts forecast 'Rooms - Owned/Leased - US & Canada' to reach 5,539 . The estimate is in contrast to the year-ago figure of 5,539 .
The consensus estimate for 'Rooms - Owned/Leased - Total International' stands at 8,707 . Compared to the current estimate, the company reported 8,773 in the same quarter of the previous year.
According to the collective judgment of analysts, 'Rooms - Franchised - Total International' should come in at 324,074 . The estimate compares to the year-ago value of 279,167 .
Shares of Marriott have experienced a change of +9% in the past month compared to the +10.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), MAR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Gear Up for Marriott (MAR) Q1 Earnings: Wall Street Estimates for Key Metrics
Wall Street analysts expect Marriott International (MAR - Free Report) to post quarterly earnings of $2.60 per share in its upcoming report, which indicates a year-over-year increase of 12.1%. Revenues are expected to be $6.59 billion, up 5.3% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.9% 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.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Bearing this in mind, let's now explore the average estimates of specific Marriott metrics that are commonly monitored and projected by Wall Street analysts.
Analysts' assessment points toward 'Revenues- Gross fee revenues' reaching $1.38 billion. The estimate points to a change of +8.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Net fee revenues' of $1.34 billion. The estimate indicates a change of +7.8% from the prior-year quarter.
Analysts predict that the 'Revenues- Owned, leased, and other revenue' will reach $356.23 million. The estimate indicates a change of -1.3% from the prior-year quarter.
The consensus among analysts is that 'Revenues- Franchise fees' will reach $835.97 million. The estimate indicates a year-over-year change of +12.1%.
The average prediction of analysts places 'Comparable Systemwide International Properties - Worldwide - REVPAR' at 122 . Compared to the present estimate, the company reported 119 in the same quarter last year.
It is projected by analysts that the 'Rooms - Owned/Leased' will reach 14,299 . Compared to the current estimate, the company reported 14,312 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Rooms - Total' should arrive at 1,789,530 . The estimate is in contrast to the year-ago figure of 1,718,542 .
Analysts expect 'Rooms - Franchised' to come in at 1,187,515 . The estimate is in contrast to the year-ago figure of 1,120,634 .
The combined assessment of analysts suggests that 'Comparable Systemwide International Properties - Worldwide - REVPAR Growth Rate' will likely reach 2.3%. Compared to the current estimate, the company reported 4.1% in the same quarter of the previous year.
Analysts forecast 'Rooms - Owned/Leased - US & Canada' to reach 5,539 . The estimate is in contrast to the year-ago figure of 5,539 .
The consensus estimate for 'Rooms - Owned/Leased - Total International' stands at 8,707 . Compared to the current estimate, the company reported 8,773 in the same quarter of the previous year.
According to the collective judgment of analysts, 'Rooms - Franchised - Total International' should come in at 324,074 . The estimate compares to the year-ago value of 279,167 .
View all Key Company Metrics for Marriott here>>>Shares of Marriott have experienced a change of +9% in the past month compared to the +10.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), MAR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .