Marriott International, Inc. - Ordinary Shares - Class A

NASDAQ:MAR   3:59:58 PM EDT
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Other Pre-Announcement

Marriott International Reports Q3 Adjusted Earnings Per Share $0.06

Published: 11/06/2020 12:29 GMT
Marriott International Inc (MAR) - Marriott International Reports Third Quarter 2020 Results.
Q3 Adjusted Earnings per Share $0.06.
Q3 Earnings per Share $0.31.
Q3 Earnings per Share Estimate $-0.07 -- Refinitiv Ibes Data (analyst estimates).
Marriott - Q3 2020 Comparable Systemwide Constant Dollar Revpar Declined 65.9 Percent Worldwide.
Marriott Qtrly Comparable Systemwide Constant Dollar Revpar Declined 65.4 Percent in North America and 67.4 Percent Outside North America.
Marriott Qtrly Total Revenue, As Reported $2,254 Million Versus $5,284 Million Reported Last Year.
Marriott Qtrly Impairment Charges Related to Covid-19 Impacted Reported and Adjusted Net Income by $24 Million After-tax.
Marriott - Net Liquidity Totaled Approximately $5.1 Billion at Quarter End.
Marriott - Greater China Continues to Lead Recovery and Demonstrates Resiliency of Travel Demand, With Q3 Occupancy of 61 Percent.
Marriott - for Full Year 2020, We Now Expect 2.5 to 3 Percent Net Rooms Growth.
Marriott - Assuming Progress is Made in Containing Covid-19, We Would Expect Gross Room Additions in 2021 to Accelerate Compared to 2020 Expectations.
Q3 Revenue View $2.23 Billion -- Refinitiv Ibes Data (analyst estimates).