Starwood Hotel & Resorts Worldwide, Inc. Second Quarter Earnings Preview

S&P 500 (NYSE:SPY) component Starwood Hotel & Resorts Worldwide, Inc. (NYSE:HOT) will unveil its latest earnings on Thursday, July 28, 2011. Starwood Hotels & Resorts Worldwide Inc. operates hotel and leisure business. Its brand names include St. Regis, The Luxury Collection, W, Westin and Le Mridien.

Starwood Hotel & Resorts Worldwide, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 46 cents per share, a rise of 31.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 45 cents. For the year, analysts are projecting profit of $1.71 per share, a rise of 36.8% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting net income of 30 cents per share against a mean estimate of profit of 26 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $1.41 billion in revenue this quarter, a rise of 9.3% from the year ago quarter. Analysts are forecasting total revenue of $5.52 billion for the year, a rise of 8.9% from last year’s revenue of $5.07 billion.

Analyst Ratings: Analysts are bullish on this stock with 17 analysts rating it as a buy, none rating it as a sell and nine rating it as a hold.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 9.1% to $1.29 billion in first quarter. The figure rose 15.8% in the fourth quarter of the last fiscal year from the year earlier, climbed 3% in the third quarter of the last fiscal year from the year-ago quarter and 5.7% in the second quarter of the last fiscal year.

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

Stock Price Performance: During June 23, 2011 to July 22, 2011, the stock price had risen $3.83 (7.1%) from $54.04 to $57.87. 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 7.4% (+$4.21) over that span. It saw one of its worst periods between March 30, 2011 and April 11, 2011 when shares fell for nine-straight days, falling 3.3% (-$1.91) over that span. Shares are down $2.91 (-4.8%) year to date.

(Source: Xignite Financials)

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