NEW YORK (TheStreet) -- Shares of Marriott International (MAR) - Get Report are advancing 0.32% to $71.43 in afternoon trading as the company is slated to report 2016 second quarter results after tomorrow's closing bell.
Analysts project the Bethesda, MD-based hospitality service to report earnings of 98 cents per share on revenue of $3.9 billion.
In 2015, Marriott reported earnings of 86 cents per share on revenue of $3.7 billion for the quarter.
Last month, the European Commission approved Marriott's $13.6 billion acquisition of Starwood Hotels & Resorts Worldwide (HOT). The deal is expected to close this month.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate MARRIOTT INTL INC as a Buy with a ratings score of B-. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, good cash flow from operations and increase in net income. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.
You can view the full analysis from the report here: MAR