Investing.com - Marriott Int (NASDAQ:MAR) reported third quarter earnings that missed analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $1.47 on revenue of $5.28B. Analysts polled by Investing.com anticipated EPS of $1.49 on revenue of $5.12B. That compared to EPS of $1.7 on revenue of $5.05B in the same period a year earlier. The company had reported EPS of $1.56 on revenue of $5.31B in the previous quarter.
Marriott Int shares lost 2.43% to trade at $127.00 in after-hours trade following the report.
For the year, Marriott Int shares are down 27.94%, under-performing the S&P 500 which is up 24.28% year to date.
Marriott Int follows other major Services sector earnings this month
On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Alibaba ADR earnings beat analyst's expectations on Friday, with second quarter EPS of $13.1 on revenue of $119.02B. Investing.com analysts expected EPS of $10.75 on revenue of $116.96B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar