Marriott international, inc. provides earnings guidance for the fourth quarter and full year of 2019

Marriott international, inc. provided earnings guidance for the fourth quarter and year 2019. for the quarter, the company expects gross fee revenues will total $960 million to $970 million, a 5% to 7% increase over fourth quarter 2018 gross fee revenues of $910 million. the company expects operating income of $715 million to $730 million. the company expects earnings per share - diluted of $1.44 to $1.47. the company anticipates full year 2019 diluted eps could total $5.87 to $5.90, a 5% decline compared to 2018 adjusted diluted eps of $6.21. full year 2019 guidance includes the $9 million pre-tax ($0.02 per share) asset sale gain in gains and other income, net, recognized in the 2019 third quarter, but does not include any gain on the sale of the st. regis new york. the company expects operating income of $2,890 million to $2,905 million. the company expects gross fee revenues of $3,809 million to $3,819 million.
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