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Starwood Hotels & Resorts Worldwide Inc Raises FY 2013 EBITDA Guidance; Issues Q4 2013 EBITDA Guidance Below Analysts' Estimates


Thursday, 24 Oct 2013 06:00am EDT 

Starwood Hotels & Resorts Worldwide Inc announced that for fiscal 2013, including Bal Harbour, which is expected to contribute approximately $117 million of EBITDA, Adjusted EBITDA is expected to be approximately $1.252 billion to $1.257 billion. For the fourth quarter of 2013, including Bal Harbour, which is expected to contribute approximately $10 million of EBITDA, Adjusted EBITDA is expected to be approximately $300 million to $305 million. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $1.241 billion for fiscal 2013 and EBITDA of $309 million for fourth quarter of 2013. 

Company Quote

78.18
-1.1 -1.39%
22 Oct 2014