Marriott International shares slide on weak guidance
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Marriott International's shares fell over 5% due to disappointing profit guidance for the full year, with expected earnings per share below analyst expectations.
February 11, 2025 | 6:15 pm
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Marriott International's shares fell over 5% after the company issued profit guidance for the full year that was below analyst expectations. The company expects adjusted earnings per share of $9.82 to $10.19, while analysts anticipated $10.63 to $10.65.
The drop in Marriott's share price is directly linked to the company's profit guidance, which fell short of analyst expectations. This kind of news typically results in a negative short-term impact on stock prices as it suggests potential challenges in meeting financial targets.
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