Marriott’s Q4 2024 Financial Performance: A Closer Look
While the top-line numbers for Marriott International, Inc. (MAR) may give a sense of how the business performed in the quarter ended December 2024, it could be worth delving deeper to understand how some of its key financial metrics compare to both Wall Street expectations and year-ago values.
Comparing Q4 2024 Results to Wall Street Estimates
To begin, let’s consider Marriott’s Q4 2024 earnings per share (EPS) and revenue figures. According to FactSet, analysts had projected Marriott to report EPS of $0.88 and revenue of $7.52 billion for the quarter. However, Marriott reported EPS of $0.92 and revenue of $7.7 billion, exceeding analysts’ expectations on both counts.
Comparing Q4 2024 Results to Year-Ago Values
Now, let’s examine how Marriott’s Q4 2024 financial performance compared to the same period in the previous year. In Q4 2023, Marriott reported EPS of $0.65 and revenue of $6.3 billion. This means that Marriott saw a 42.4% increase in EPS and a 22.3% increase in revenue year-over-year.
Impact on Individual Investors
Marriott’s strong Q4 2024 financial performance is a positive sign for individual investors. The company’s ability to beat both Wall Street expectations and its own year-ago figures indicates a healthy and growing business. This could lead to increased investor confidence and potentially higher stock prices.
Impact on the Global Economy
Marriott’s Q4 2024 financial performance also has broader implications for the global economy. The hospitality industry is a significant contributor to economic growth, and Marriott is one of the largest players in this sector. A strong showing from Marriott could indicate a rebound in travel and tourism, which could in turn lead to increased economic activity and job growth in various destinations around the world.
Conclusion
Marriott’s Q4 2024 financial results provide a positive sign for both individual investors and the global economy. By exceeding Wall Street expectations and posting strong year-over-year growth, Marriott has demonstrated a healthy and growing business. This could lead to increased investor confidence and potentially higher stock prices, as well as a rebound in travel and tourism and the resulting economic benefits.
- Marriott reported Q4 2024 EPS of $0.92, exceeding analysts’ expectations of $0.88.
- Marriott reported Q4 2024 revenue of $7.7 billion, a 22.3% increase from the same period in the previous year.
- Marriott’s strong Q4 2024 financial performance is positive for individual investors and the global economy.
- A rebound in travel and tourism could lead to increased economic activity and job growth.
