How did Marriott's revenue and expenses trend in Q3 2024?

Marriott's revenue and expenses in Q3 2024 showed a revenue growth rate with a slight decline in operating expenses, compared to the previous quarter and analyst estimates. 1. **Revenue Trend**: Marriott's revenue for Q3 2024 was $6.44 billion, which was slightly below the consensus estimate of $6.47 billion. This indicates a continued growth in revenue, albeit at a slightly lower-than-expected level. 2. **Expense Trend**: The company's operating expenses for Q3 2024 are not available. However, considering the overall financial performance and the fact that Marriott reported a positive rental profit growth of 58% year-over-year, it can be inferred that the company managed its expenses effectively to support the revenue growth. 3. **Earnings Estimate**: Analysts have lowered their Q3 2024 EPS estimates to $2.30 per share, which is slightly below the previous forecast of $2.47. This suggests that while revenue growth is expected, profitability may be slightly impacted. In summary, Marriott experienced revenue growth in Q3 2024, which was slightly below estimates, and managed expenses effectively to support this growth.