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Earnings To Watch: Marriott (MAR) Reports Q4 Results Tomorrow

StockStory - Mon Feb 12, 1:01AM CST

MAR Cover Image

Global hospitality company Marriott (NASDAQ:MAR) will be reporting results tomorrow morning. Here's what investors should know.

Last quarter Marriott reported revenues of $5.93 billion, up 11.6% year on year, beating analyst revenue expectations by 1%. It was a mixed quarter for the company, with a solid beat of analysts' revenue estimates but a miss of analysts' earnings estimates.

Is Marriott buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Marriott's revenue to grow 4.7% year on year to $6.20 billion, slowing down from the 33.2% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.12 per share.

Marriott Total Revenue

The analysts covering the company have been growing increasingly bullish about the business heading into the earnings, with revenue estimates seeing four upward revisions over the last thirty days. The company missed Wall St's revenue estimates twice over the last two years.

Looking at Marriott's peers in the consumer discretionary segment, some of them have already reported Q4 earnings results, giving us a hint what we can expect. The New York Times reported revenues up 1.3% year on year, missing analyst estimates by 0.4%. The New York Times was down 2.7% on the results.

Read our full analysis of The New York Times's results here.

There has been positive sentiment among investors in the consumer discretionary segment, with the stocks up on average 4.5% over the last month. Marriott is up 9.2% during the same time, and is heading into the earnings with analyst price target of $230.1, compared to share price of $247.1.

One way to find opportunities in the market is to watch for generational shifts in the economy. Almost every company is slowly finding itself becoming a technology company and facing cybersecurity risks and as a result, the demand for cloud-native cybersecurity is skyrocketing. This company is leading a massive technological shift in the industry and with revenue growth of 70% year on year and best-in-class SaaS metrics it should definitely be on your radar.

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