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Marriott Posts ‘Outstanding’ Quarter, Crows About Stock Buybacks — So Why Did Shares Slump?

Por: Forbes Life November 04, 2022

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Marriott just reported a strong third quarter, but Wall Street heard some sour notes.AFP via Getty Images On a third-quarter earnings call on Thursday, Marriott International CEO Anthony Capuano announced “another quarter of outstanding results” with profits of $630 million, up from $220 million in the same quarter a year ago. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) — a key measure of core corporate... + full article



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