Marriott Int Earnings Beat, Revenue Misses In Q4

Investing.com – Marriott Int (NASDAQ:) reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that fell short of expectations.

Marriott Int announced earnings per share of $1.57 on revenue of $5.37B. Analysts polled by Investing.com anticipated EPS of $1.47 on revenue of $5.51B. That with comparison to EPS of $1.44 on revenue of $5.29B in the same period a year before. Marriott Int had reported EPS of $1.47 on revenue of $5.28B in the previous quarter. Analysts are expecting EPS of $1.44 and revenue of $5.16B in the upcoming quarter.

Marriott Int shares are down 20% from the beginning of the year , still down 21.64% from its 52 week high of $153.39 set on December 27, 2019. They are under-performing the which is up 0.81% year to date.

Marriott Int follows other major Services sector earnings this month

Marriott Int’s report follows an earnings beat by Amazon.com on January 30, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.

Alibaba ADR had beat expectations on February 13 with third quarter EPS of $18.19 on revenue of $161.46B, compared to forecast for EPS of $15.91 on revenue of $159.7B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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