Marriott expects key metric to rise in China on tourism rebound
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Marriott (MAR) downgraded at Evercore ISI despite 'solid' earnings
February 15, 2023 12:01 PM ESTMarriott (NASDAQ: MAR) was cut to In-Line from Outperform with a $180 price target by Evercore ISI analyst Duane Pfennigwerth in a note Wednesday following the hotel operator's latest earnings release.
"MAR reported solid 4Q adj. EPS of $1.96 (+25% y/3y), 7% ahead of our... More
Marriott (MAR) shares climb following earnings, revenue beat
February 14, 2023 9:09 AM ESTMarriott (NASDAQ: MAR) shares are slightly higher premarket on the back of its fourth-quarter earnings and revenue beat.
The hotel operator reported earnings of $1.96, $0.13 better than the analyst estimate of $1.83, with revenue for the quarter coming in at $5.92 billion versus the consensus estimate of $5.39 billion.
RevPAR grew 5% compared to 2019, driven by a 13%... More
