Marriott Int Earnings Beat, Revenue Misses In Q4

Posted on the 26 February 2020 by Merks50

Investing.com - Marriott Int (NASDAQ:MAR) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Marriott Int announced earnings per share of .57 on revenue of .37B. Analysts polled by Investing.com anticipated EPS of .47 on revenue of .51B. That with comparison to EPS of .44 on revenue of .29B in the same period a year before. Marriott Int had reported EPS of .47 on revenue of .28B in the previous quarter. Analysts are expecting EPS of .44 and revenue of .16B in the upcoming quarter.

Marriott Int shares are down 20% from the beginning of the year , still down 21.64% from its 52 week high of 3.39 set on December 27, 2019. They are under-performing the Nasdaq 100 which is up 0.81% year to date.

Marriott Int's report follows an earnings beat by Amazon.com on January 30, who reported EPS of .47 on revenue of .44B, compared to forecasts EPS of .04 on revenue of .03B.

Alibaba ADR had beat expectations on February 13 with third quarter EPS of .19 on revenue of 1.46B, compared to forecast for EPS of .91 on revenue of 9.7B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar