Marriott Sees Q3 Adj. EPS $2.00-$2.09 vs $2.03 Est.; Sees FY23 Adj. EPS $8.36-$8.65 vs $8.36 Est.
Portfolio Pulse from Benzinga Newsdesk
Marriott International Inc. has provided its Q3 and FY23 adjusted EPS guidance. The company expects Q3 adjusted EPS to be between $2.00 and $2.09, compared to the estimated $2.03. For FY23, the adjusted EPS is projected to be between $8.36 and $8.65, in line with the estimated $8.36.
August 01, 2023 | 11:10 am
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Marriott's Q3 and FY23 adjusted EPS guidance is in line with or slightly above estimates. This could potentially have a positive impact on the company's stock.
Earnings per share (EPS) is a key indicator of a company's profitability. When a company's EPS guidance meets or exceeds estimates, it often leads to positive investor sentiment and can boost the company's stock price in the short term.
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