Core Viewpoint - Analysts forecast that Marriott International (MAR) will report quarterly earnings of $2.27 per share, reflecting a year-over-year increase of 6.6%, with anticipated revenues of $6.27 billion, marking a 5% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.7% lower over the last 30 days, indicating a reevaluation of initial estimates by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenues- Gross fee revenues' will reach $1.25 billion, a 3.6% increase from the year-ago quarter [5]. - 'Revenues- Net fee revenues' are projected at $1.23 billion, indicating a 3.4% increase from the prior-year quarter [5]. - 'Revenues- Owned, leased, and other revenue' is expected to be $363.16 million, reflecting a 1.7% increase from the previous year [6]. - 'Revenues- Franchise fees' are forecasted at $727.37 million, showing a 5.7% increase from the prior-year quarter [6]. Room Metrics - 'Rooms - Owned/Leased' is projected to reach 14,214, up from 13,111 in the same quarter last year [6]. - 'Rooms - Managed' is expected to be 587,915, compared to 566,944 a year ago [7]. - 'Rooms - Franchised' is estimated at 1,102,261, an increase from 1,049,173 in the previous year [7]. - 'Rooms - Total' is projected to reach 1,723,831, compared to 1,643,172 a year ago [8]. - 'Rooms - Franchised - Total International' is estimated at 270,179, up from 236,467 in the previous year [9]. Market Performance - Over the past month, Marriott shares have recorded returns of -1.6%, compared to the Zacks S&P 500 composite's -0.7% change [9].
Gear Up for Marriott (MAR) Q1 Earnings: Wall Street Estimates for Key Metrics