Hotel Operator Marriott Slips After Mixed Q1 Earnings
Hotel Operator Marriott Slips After Mixed Q1 Earnings
$Marriott International (MAR.US)$ shares are trading lower after the company's first-quarter adjusted EPS missed estimates. The company reported first-quarter FY24 sales growth of 6.5% year-on-year to $5.98 billion, beating the analyst consensus estimate of $5.93 billion.
$萬豪酒店 (MAR.US)$ 在該公司第一季度調整後的每股收益未達到預期之後，股價走低。該公司報告稱，24財年第一季度銷售額同比增長6.5％，達到59.8億美元，超過了分析師共識估計的59.3億美元。
Comparable systemwide constant dollar RevPAR increased 4.2% worldwide, 1.5% in the U.S. & Canada, and 11.1% in international markets, compared to the first-quarter FY23.
與23財年第一季度相比，全系統可比的固定美元RevPAR在全球增長了4.2％，在美國和加拿大增長了1.5％，在國際市場上增長了11.1％。
Total expenses declined 9% Y/Y to $5.1 billion. Adjusted EBITDA for the quarter was $1.14 billion versus $1.09 billion a year ago.
總支出同比下降9％，至51億美元。本季度調整後的息稅折舊攤銷前利潤爲11.4億美元，去年同期爲10.9億美元。
Operating margin for the quarter contracted Y/Y from 16.9% to 14.7%, with operating income increasing 8% to $876 billion.
該季度的營業利潤率同比收縮從16.9％下降至14.7％，營業收入增長8％，達到8,760億美元。
Adjusted EPS of $2.13 missed the consensus estimate of $2.17. The company added about 46,000 rooms globally during the first-quarter. Marriott held $0.4 billion in cash and equivalents as of March 31, 2024.
調整後的每股收益爲2.13美元，未達到市場普遍預期的2.17美元。該公司在第一季度在全球增加了約46,000間客房。截至2024年3月31日，萬豪持有4億美元的現金及等價物。
In first-quarter, Marriott repurchased 4.8 million shares of common stock for $1.2 billion. The company returned $1.7 billion to shareholders year-to-date through April 26.
在第一季度，萬豪以12億美元的價格回購了480萬股普通股。截至4月26日，該公司今年迄今向股東返還了17億美元。
"We are excited about the launch of MGM Collection with Marriott Bonvoy during the quarter, which added nearly 37,000 rooms to our system from our strategic agreement with MGM Resorts International," said President and CEO Anthony Capuano.
總裁兼首席執行官安東尼·卡普阿諾表示：“我們對萬豪旅享家在本季度推出米高梅精選系列感到興奮，根據我們與米高梅國際度假村集團的戰略協議，該系列爲我們的系統增加了近37,000間客房。”
Outlook: Marriott raised FY24 adjusted EPS outlook from $9.18-$9.52 to $9.31-$9.65 versus an estimate of $10.74.
展望：萬豪將24財年調整後的每股收益展望從9.18美元上調至9.31-9.65美元，而估計爲10.74美元。
The company expects second-quarter adjusted EPS of $2.43-$2.48 against an estimate of $2.52.
該公司預計，第二季度調整後的每股收益爲2.43-2.48美元，而估計爲2.52美元。