Investing.com - Marriott Int (NASDAQ:MAR) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.44 on revenue of $5.29B. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $5.53B. That compared to EPS of $1.12 on revenue of $5.88B in the same period a year earlier. The company had reported EPS of $1.7 on revenue of $5.05B in the previous quarter.
Marriott Int shares lost 3.21% to trade at $121.25 in after-hours trade following the report.
For the year, Marriott Int shares are up 15.39%, broadly in line with the Nasdaq which is up 15.76% year to date.
Marriott Int follows other major Services sector earnings this month
On Thursday, January 31, 2019, Amazon.com reported fourth quarter EPS of $6.04 on revenue of $72.38B, compared to forecasts of EPS of $5.65 on revenue of $71.88B.
Alibaba earnings beat analyst's expectations on Wednesday, January 30, 2019, with third quarter EPS of $12.19 on revenue of $117.28B. Investing.com analysts expected EPS of $11.45 on revenue of $119.03B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar