Want to join the conversation?
For 1Q16, $MAR said that it expects RevPAR growth to be in the range of 2-4%. The company is expecting $13MM in lower re-licensing fees for 1Q16 vs. 1Q15. Owned, leased and other revenue, net of expenses is expected to be flattish in 1Q16. For 2016, worldwide RevPAR growth is expected to be 3-5% and incentive fees growth to be 10-15%.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.