Investing.com - Marriott Int (NASDAQ:MAR) reported on Wednesday fourth quarter earnings 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 and are trading at $120.19 , down-from-52-week-high.They are under-performing the Nasdaq 100 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.
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