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Marriott Int Earnings, Revenue Beat in Q1 -Breaking

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© Reuters. Marriott Int Earnings and Revenue Beat in Quarter One

Investing.com reports that Marriott Int (NASDAQ) had reported Wednesday that its first quarter revenue beat forecasts by analysts.

Marriott Int reported earnings per share at $1.25 on $4.2B in revenue. Investing.com polled analyst to predict EPS of $0.9056 based on $4.16B revenue.

Marriott Int shares have increased 4% since the start of the year but are still 11.67% below its 52-week high of $195.90 on April 21. They are outperforming the S&P 500 which is down 12.39% from the start of the year.

Marriott Int is following other important Consumer Discretionary Sector earnings this month

After Amazon.com’s April 28 earnings, Marriott Int reported an EPS report of $-7.56 for revenue $116.44B. Forecasts were for EPS $8.35 for revenue $116.45B.

Tesla exceeded expectations in April 20, posting a first quarter EPS (EPS) of $3.22 on revenues of $18.76B. This compares to EPS forecasted at $2.26 for revenue of $17.87B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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