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Marriott International Inc gives Q2 2014 earnings guidance in line with analysts' estimates; gives FY 2014 EBIT guidance below analysts' estimates; raises FY 2014 EBITDA guidance


Tuesday, 29 Apr 2014 04:31pm EDT 

Marriott International Inc:Expects Q2 2014 comparable systemwide calendar RevPAR on a constant dollar basis will increase 4 pct. to 6 pct. in North America, outside North America and worldwide.Expects Q2 2014 earnings per share in the range of $$0.63 to $0.68.Expects Q2 2014 operating income in the range of $300 mln to $320 mln.Expects FY 2014 comparable systemwide RevPAR on a constant dollar basis will increase 4.5 pct. to 6.5 pct. in North America, 4 pct. to 6 pct. outside North America and 4.5 pct. to 6.5 pct. worldwide.Expects FY 2014 earnings per share (EPS) in the range of $2.39 to $2.53.Expects FY 2014 operating income (EBIT) in the range of $1.105 bln to $1.165 bln.Expects FY 2014 adjusted EBITDA to total $1.440 bln to $1.500 bln.Q2 2014 EPS of $0.67 and EBIT of $319 mln - Thomson Reuters I/B/E/S.FY 2014 EPS of $2.40, EBIT of $1.168 bln and EBITDA of $1.346 bln - Thomson Reuters I/B/E/S. 

Company Quote

68.99
0.11 +0.16%
28 Aug 2014