Marriott Int Earnings, Revenue Beat in Q1
2022.05.04 14:41
Marriott Int Earnings, Revenue Beat in Q1
Investing.com – Marriott Int (NASDAQ:MAR) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Marriott Int announced earnings per share of $1.25 on revenue of $4.2B. Analysts polled by Investing.com anticipated EPS of $0.9056 on revenue of $4.16B.
Marriott Int shares are up 4% from the beginning of the year, still down 11.67% from its 52 week high of $195.90 set on April 21. They are outperforming the S&P 500 which is down 12.39% from the start of the year.
Marriott Int follows other major Consumer Discretionary sector earnings this month
Marriott Int’s report follows an earnings missed by Amazon.com on April 28, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on April 20 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
