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Marriott Int Earnings Miss, Revenue Beats In Q3

Published 11/04/2019, 04:42 PM
Updated 11/04/2019, 04:43 PM
© Reuters.  Marriott Int Earnings Miss, Revenue Beats In Q3

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 expected 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.

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 analysts' 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

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