Marriott (MAR) Up 9.7% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]
Marriott International - Class A (MAR)
Last marriott international - class a earnings: 2/26 04:30 pm
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US:NYSE Investor Relations:
investor.shareholder.com/mar
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Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Marriott due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Marriott reported third-quarter 2024 results, with adjusted earnings and revenues missing the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis. During the quarter, the company reported a solid increase in global travel demand, driving growth in international markets and steady performance in the United States and Canada. The company reported a rise in group bookings. Business transient demand increased and leisure transient revenue per available room (RevPAR) remained above pre-pandemic levels. Marriott's portfolio expansion also gained traction, adding over 95,000 rooms this year through conversions and international deals. To support its e
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MAR
News
- Marriott International, Inc. (NASDAQ: MAR) had its price target raised by analysts at Truist Financial Co. from $254.00 to $277.00. They now have a "hold" rating on the stock.MarketBeat
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MAR
Earnings
- 11/4/24 - Miss
MAR
Sec Filings
- 11/25/24 - Form 4
- 11/22/24 - Form 144
- 11/14/24 - Form 4
- MAR's page on the SEC website