Marriott International Inc. Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Marriott International Inc. (NYSE:MAR) will unveil its latest earnings on Wednesday, October 5, 2011. Marriott International operates and franchises hotels and related lodging facilities throughout the world.

Marriott International Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 27 cents per share, a rise of 22.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 31 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 27 cents during the last month. Analysts are projecting profit to rise by 20.9% versus last year to $1.39.

Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the second quarter, the company reported profit of 37 cents per share versus a mean estimate of net income of 37 cents per share. In the first quarter, the company beat estimates by one cent.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 6.4% in revenue from the year-earlier quarter to $2.82 billion.

Analyst Ratings: 12 out of 21 analysts surveyed (57.1%) have a buy rating on Marriott International.. This is below the mean analyst rating of 10 competitors, which average 60.5% buy ratings.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 19.6% to $2.97 billion in second quarter. The figure rose 5.6% in the first quarter from the year earlier, climbed 7.8% in the fourth quarter of the last fiscal year from the year-ago quarter and 7.2% in the third quarter of the last fiscal year.

Competitors to Watch: Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT), Wyndham Worldwide Corp. (NYSE:WYN), Hyatt Hotels Corporation (NYSE:H), Silverleaf Resorts, Inc. (NASDAQ:SVLF), Choice Hotels Intl., Inc. (NYSE:CHH), Gaylord Entertainment Co. (NYSE:GET), Bluegreen Corporation (NYSE:BXG), Red Lion Hotels Corp. (NYSE:RLH), and InterContinental Hotels Group PLC (NYSE:IHG).

Stock Price Performance: During July 6, 2011 to September 29, 2011, the stock price had fallen $7.79 (-21.3%) from $36.49 to $28.70. The stock price saw one of its best stretches over the last year between April 14, 2011 and April 21, 2011 when shares rose for six-straight days, rising 5.3% (+$1.80) over that span. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight-straight days, falling 13.3% (-$4.64) over that span. Shares are down $12.49 (-30.3%) year to date.

(Source: Xignite Financials)

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