Investing.com - Marriott Int (NASDAQ:MAR) reported second quarter earnings that matched analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $1.56 on revenue of $5.31B. Analysts polled by Investing.com anticipated EPS of $1.56 on revenue of $5.12B. That compared to EPS of $1.73 on revenue of $5.35B in the same period a year earlier. The company had reported EPS of $1.41 on revenue of $5.01B in the previous quarter.
Marriott Int shares lost 0.65% to trade at $129.49 in after-hours trade following the report.
Marriott Int shares lost 0.65% to trade at $129.49 in after-hours trade following the report.
For the year, Marriott Int shares are up 20.06%, broadly in line with the Nasdaq 100 which is up 19.63% year to date.
Marriott Int follows other major Services sector earnings this month
On Thursday, July 25, 2019, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Visa A earnings beat analyst's expectations on Wednesday, July 24, 2019, with third quarter EPS of $1.37 on revenue of $5.84B. Investing.com analysts expected EPS of $1.32 on revenue of $5.7B
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