Alert: New Earnings Report (11/4/24)-Marriott International Inc (NASDAQ: MAR).

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Marriott International Inc (NASDAQ: MAR) has reported earnings for its third fiscal quarter (ending September 30) of $2.08 versus $2.52 for the same period a year ago — a decline of -17%. For the latest four quarters through September 30, E.P.S. were $9.59 versus $9.49 for the same period a year ago — an increase of 1%.

Recent Price Action

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Marriott International Inc (NASDAQ: MAR) stock closed at $256.43 on 11/4/24 after a modest decline of -1.6%. Moreover, trading volume in this decline was unusually high at 158% of normal. The stock has performed in line with the market over the last nine months and has declined -2.2% during the last week.

Current PriceTarget Research Rating

MAR’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be an important Value Eraser.

Marriott International is currently unrated.

Rating Review

The stock is currently unrated.

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