EXHIBIT 11
HOST MARRIOTT CORPORATION AND SUBSIDIARIES
COMPUTATIONS OF EARNINGS (LOSS) PER COMMON SHARE
(in millions, except per share amounts)
Twelve Weeks Ended Twenty-four Weeks Ended
June 14, June 16, June 14, June 16,
1996 1995 1996 1995
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Net income (loss) available for common shareholders............... $ 7 $ (30) $ (5) $ (44)
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Primary Earnings (Loss) Per Common Share
Shares:
Weighted average number of common shares
outstanding................................................. 193.1 158.7 177.3 157.4
Assuming distribution of common shares granted
under comprehensive stock plan, less shares
assumed purchased at average market *....................... 5.9 -- -- --
Assuming distribution of common shares issuable
for warrants, less shares assumed purchased
at average market *......................................... 2.8 -- -- --
--- --- --- ---
............................................................ 201.8 158.7 177.3 157.4
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Primary Earnings (Loss) Per Common Share.......................... $ .03 $ (.19) $ (.03) $ (.28)
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Fully Diluted Earnings (Loss) Per Common Share
Shares:
Weighted average number of common shares
outstanding................................................. 193.1 158.7 177.3 157.4
Assuming distribution of common shares granted
under comprehensive stock plan, less shares
assumed purchased at higher of average or
ending market *............................................. 6.0 -- -- --
Assuming distribution of common shares issuable
for warrants, less shares assumed purchased
at higher of average or ending market *..................... 2.8 -- -- --
--- --- --- ---
............................................................ 201.9 158.7 177.3 157.4
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Fully Diluted Earnings (Loss) Per Common Share.................... $ .03 $ (.19) $ (.03) $ (.28)
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* Common equivalent shares and other potentially dilutive
securities were anti-dilutive for the twenty-four weeks ended June 14, 1996 and
the twelve and twenty-four weeks ended June 16, 1995, respectively.