Alert: New Earnings Report (5/1/24)-Marriott International Inc (NASDAQ: MAR).

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For its first fiscal quarter (ending March 31), Marriott International Inc (NASDAQ: MAR) has reported a -20% decline in E.P.S. from $2.44 a year ago to $1.94 in the current quarter. This performance was $-0.48 short of the consensus estimate of $2.42. For the latest four quarters through March 31, E.P.S. were $9.73 versus $8.57 for the same period a year ago — an increase of 14%.

Recent Price Action

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Marriott International Inc (NASDAQ: MAR) stock closed at $233.86 on 5/1/24 after a slight decline of -1.0%. Moreover, above average trading volume at 148% of normal accompanied the decline. The stock has declined -2.4% during the last week but has been exceptionally strong relative to the market over the last nine months.

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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