Marriott International, Inc. (MAR) is scheduled to report its fourth-quarter and full-year results on February 13. Wall Street expects the company to post higher earnings and revenue over the prior-year quarter. In this piece, I have discussed why it could be wise to wait for a better entry point in the stock despite the potential rise in earnings and revenue for the quarter.
For the fourth quarter, MAR’s EPS and revenue are expected to increase 8.3% and 4.7% year-over-year to $2.12 and $6.20 billion, respectively. The company has a stellar earnings history, having beaten the consensus EPS estimate in each of the trailing four quarters.
