Investing.com - Marriott Int (NASDAQ:MAR) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Marriott Int announced earnings per share of $0.79 on revenue of $3.15B. Analysts polled by Investing.com anticipated EPS of $0.4598 on revenue of $3.23B.
Marriott Int shares are up 9% from the beginning of the year and are trading at $144.87 , down-from-52-week-high.They are under-performing the S&P 500 which is up 16.8% from the start of the year.
Marriott Int follows other major Consumer Discretionary sector earnings this month
Marriott Int's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $15.12 on revenue of $113.08B, compared to forecasts EPS of $12.23 on revenue of $115.42B.
Tesla had beat expectations on July 26 with second quarter EPS of $1.45 on revenue of $11.96B, compared to forecast for EPS of $0.9417 on revenue of $11.51B.
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