Investing.com - Marriott Int (NASDAQ:MAR) reported first quarter earnings that beat analysts' expectations on Friday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.41 on revenue of $5.01B. Analysts polled by Investing.com forecast EPS of $1.34 on revenue of $5.13B. That compared to EPS of $1.34 on revenue of $5.01B in the same period a year earlier. The company had reported EPS of $1.44 on revenue of $5.29B in the previous quarter.
For the year, Marriott Int shares are up 24.79%, outperforming the Nasdaq 100 which is up 22.33% year to date.
Marriott Int follows other major Services sector earnings this month
On Thursday, April 25, 2019, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.68B.
Visa A earnings beat analyst's expectations on Wednesday, April 24, 2019, with second quarter EPS of $1.31 on revenue of $5.49B. Investing.com analysts expected EPS of $1.24 on revenue of $5.46B
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