Starwood Hotel & Resorts Worldwide Inc. Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Starwood Hotel & Resorts Worldwide Inc. (NYSE:HOT) will unveil its latest earnings on Thursday, October 27, 2011. Starwood Hotels & Resorts Worldwide operates in the hotel and leisure business. Its brand names include St. Regis, The Luxury Collection, W and Westin.

Starwood Hotel & Resorts Worldwide Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 39 cents per share, a rise of 56% 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 38 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 39 cents during the last month. Analysts are projecting profit to rise by 39.2% versus last year to $1.74.

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 profit of 50 cents per share against a mean estimate of net income of 46 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $1.36 billion in revenue this quarter, a rise of 7.9% 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 15 analysts rating it as a buy, none rating it as a sell and seven rating it as a hold.

A Look Back: In the second quarter, profit rose 14.9% to $131 million (68 cents a share) from $114 million (61 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 10.6% to $1.43 billion from $1.29 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 9.1% in the first quarter from the year earlier, climbed 15.8% in the fourth quarter of the last fiscal year from the year-ago quarter and 3% in the third 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 September 23, 2011 to October 21, 2011, the stock price had risen $8.51 (21.4%) from $39.72 to $48.23. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011 when shares rose for six-straight days, rising 14.7% (+$5.84) 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 $12.55 (-20.6%) year to date.

(Source: Xignite Financials)

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