Marriott Q3 RevPAR above 2019; EPS $1.94; ups shareholder return outlook

MARRIOTT INTERNATIONAL INC /MD/

2022-Q3 EPS reported $5.13 revenue$14,850,000,000

Q3 RevPAR +36.3% YoY, +1.8% vs 2019; U.S. & Canada RevPAR +3.5% vs 2019.
Reported diluted EPS $1.94 vs $0.67; adjusted EPS $1.69 vs $0.99.
Adjusted EBITDA $985M vs $683M; net income $630M vs $220M.
Added ~14,000 rooms in Q3; pipeline >502,000 rooms; signed City Express acquisition.
YTD shareholder returns $1.9B; now expect >$2.7B for FY; Q4 adjusted EPS guide $1.77-$1.84.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

MARRIOTT INTERNATIONAL INC /MD/ reported third quarter 2022 results: net income 630 million, EPS 1.94.

Period: third quarter 2022
Net income: 630 million
EPS: 1.94
Result: reported results

Exact text from the filing

Reported net income totaled $630 million in the 2022 third quarter, compared to 2021 third quarter reported net income of $220 million.

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MARRIOTT INTERNATIONAL INC /MD/ filing history →

Source: SEC EDGAR

accession 0001628280-22-027939

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