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 16, June 17, June 16, June 17,
1995 1994 1995 1994
-------- -------- -------- --------
(in millions)
Net income (loss)....................................... $ (30) $ -- $ (44) $ (18)
Less: Dividends on convertible preferred stock......... -- -- -- --
----- ----- ----- -----
Net income (loss) available for common shareholders..... $ (30) $ -- $ (44) $ (18)
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Primary Earnings (Loss) Per Common Share
- ----------------------------------------
Shares:
Weighted average number of common shares outstanding.. 158.7 152.3 157.4 149.6
Assuming distribution of common shares granted under
comprehensive stock plan, less shares assumed
purchased at average market *........................ -- -- -- --
Assuming distribution of common shares reserved under
employee stock purchase plan, based on withholdings
to date, less shares assumed purchased at
average market *..................................... -- -- -- --
Assuming distribution of common shares issuable for
warrants, less shares assumed purchased at average
market *............................................ -- -- -- --
----- ----- ----- -----
158.7 152.3 157.4 149.6
===== ===== ===== =====
Primary Earnings (Loss) Per Common Share................ $ (.19) $ -- $ (.28) $ (.12)
===== ===== ===== =====
Fully Diluted Earnings (Loss) Per Common Share
- ----------------------------------------------
Shares:
Weighted average number of common shares
outstanding.......................................... 158.7 152.3 157.4 149.6
Assuming distribution of common shares granted under
comprehensive stock plan, less shares assumed
purchased at higher of average or ending market *.... -- -- -- --
Assuming distribution of common shares reserved under
employee stock purchase plan, based on withholdings
to date, less shares assumed purchased at higher of
average or ending market *........................... -- -- -- --
Assuming distribution of common shares issuable for
warrants, less shares assumed purchased at higher
of average or ending market *........................ -- -- -- --
Assuming issuance of common shares upon conversion of
convertible preferred stock *........................ -- -- -- --
----- ----- ----- -----
158.7 152.3 157.4 149.6
===== ===== ===== =====
Fully Diluted Earnings (Loss) Per Common Share.......... $(.19) $ -- $(.28) $(.12)
===== ===== ===== =====
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* Common equivalent shares and other potentially dilutive securities were anti-
dilutive in the twelve and twenty-four week periods ended June 16, 1995 and
June 17, 1994, respectively.