Marriott International Inc. (MAR) reported third quarter EPS of $0.65 after the bell Tuesday, up from $0.52 in the previous year. The consensus estimate was for EPS of $0.62. The company expects to report fourth quarter EPS of $0.62 to $0.66 and between $2.48 and $2.52 for the full year. Analysts are expecting EPS of $0.64 and $2.50.
Marriott International gapped up sharply Wednesday, but was range-bound throughout the session. Shares finished up by 2.08 at $74.03 on above average volume. The stock rose above resistance and set a new high for the year.
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