Investing.com – Marriott Int (NASDAQ:) reported on Monday second quarter that missed analysts’ forecasts and revenue that fell short of expectations.
Marriott Int announced earnings per share of $-0.64 on revenue of $1.46B. Analysts polled by Investing.com anticipated EPS of $-0.41 on revenue of $1.68B.
Marriott Int shares are down 38% from the beginning of the year, still down 38.86% from its 52 week high of $153.39 set on December 27, 2019. They are under-performing the which is up 27.55% 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 July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Visa A had beat expectations on July 28 with third quarter EPS of $1.06 on revenue of $4.84B, compared to forecast for EPS of $1.03 on revenue of $4.82B.
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