Alert: New Earnings Report (7/31/24)-Marriott International Inc (NASDAQ: MAR).

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For its second fiscal quarter (ending June 30), Marriott International Inc (NASDAQ: MAR) has reported E.P.S. of $2.70 compared to $2.39 a year ago. For the latest four quarters through June 30, E.P.S. were $10.04 compared to $8.91 a year ago.

Recent Price Action

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Marriott International Inc (NASDAQ: MAR) stock closed at $227.30 on 7/31/24 after a decline of -4.8%. Moreover, this decline was accompanied by exceptionally high trading volume at 278% of normal. The stock has declined -6.2% during the last week but has been 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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