Starwood Q4 Profit Drops on Charges But Tops Wall Street’s View
From The Washington Post
Starwood Q4 Profit Drops on Charges But Tops Wall Street’s View
Starwood Hotels & Resorts Worldwide Inc.’s fourth-quarter profit dropped 51 percent on impairment charges and other items, but its adjusted results beat analysts’ expectations.
Starwood reported net income fell to $167 million, or 85 cents per share, for the period ended Dec. 31. That’s down from $339 million, or $1.78 per share, a year ago. Click here for the full story.
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
Acceptable Use Policy blog comments powered by Disqus
Most Recent
Career Center
| Enter Keyword(s):
Enter a City: Select a State: Select a Category:  |
|
