Investing.com - Marriott Int (NASDAQ:MAR) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marriott Int announced earnings per share of $1.8 on revenue of $5.34B. Analysts polled by Investing.com anticipated EPS of $1.56 on revenue of $4.83B.
Marriott Int shares are down 21% from the beginning of the year, still down 18.55% from its 52 week high of $195.90 set on April 21. They are under-performing the STOXX 600 which is down 11.03% from the start of the year.
Marriott Int follows other major Consumer Discretionary sector earnings this month
Marriott Int's report follows an earnings missed by Amazon.com on Thursday, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
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