Marriott International Sees FY24 Adj. EPS $9.31-$9.65 Vs $10.74 Estimate
Portfolio Pulse from Benzinga Newsdesk
Marriott International forecasts its FY24 adjusted EPS to be between $9.31 and $9.65, which is below the estimated $10.74.
May 01, 2024 | 11:30 am
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Marriott International's FY24 adjusted EPS forecast falls short of the analyst estimate of $10.74.
Marriott International's projection of its FY24 adjusted EPS being lower than the analyst estimates suggests potential operational or market challenges that could negatively impact its stock price in the short term. Investors often react negatively to earnings forecasts that do not meet or exceed analyst expectations, which can lead to a decrease in stock price.
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