Mariott International Sees Q4 2023 Adj. EPS $2.04-$2.12 Vs $2.19 Est
Portfolio Pulse from Benzinga Newsdesk
Mariott International has projected its Q4 2023 adjusted EPS to be between $2.04 and $2.12, which is lower than the estimated $2.19.
November 02, 2023 | 10:51 am
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Mariott International's lower than expected Q4 2023 adjusted EPS forecast may negatively impact its stock price.
Earnings per share (EPS) is a key indicator of a company's profitability. A lower than expected EPS forecast often leads to a negative reaction in the stock market as it indicates that the company may not perform as well as investors had hoped. In this case, Mariott International's lower than expected Q4 2023 adjusted EPS forecast could lead to a decrease in its stock price.
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