Investing.com - Marriott Int reported on Monday second quarter earnings 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 Friday, December 27, 2019. They are under-performing the Nasdaq 100 which is up 27.55% year to date.
Marriott Int follows other major Services sector earnings this month
Marriott Int's report follows an earnings beat by Amazon.com on Thursday, July 30, 2020, 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 Tuesday, July 28, 2020 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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