Investing.com - Marriott Int (NASDAQ:MAR) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marriott Int announced earnings per share of $0.06 on revenue of $2.25B. Analysts polled by Investing.com anticipated EPS of $-0.08 on revenue of $2.22B.
Marriott Int shares are down 33% from the beginning of the year and are trading at $100.91 , down-from-52-week-high.They are under-performing the Nasdaq which is up 32.52% from the start of the year.
Marriott Int follows other major Services sector earnings this month
Marriott Int's report follows an earnings beat by Amazon.com on Thursday, October 29, 2020, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.
Alibaba ADR had beat expectations on Thursday with second quarter EPS of $18 on revenue of $155.06B, compared to forecast for EPS of $14.18 on revenue of $155.88B.
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