Investing.com - Marriott Int (NASDAQ:MAR) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marriott Int announced earnings per share of $1.3 on revenue of $4.45B. Analysts polled by Investing.com anticipated EPS of $1 on revenue of $4B.
Marriott Int shares are up 3% from the beginning of the year, still down 3.33% from its 52 week high of $177.23 set on February 11. They are outperforming the Nasdaq 100 which is down 12.57% from the start of the year.
Marriott Int follows other major Consumer Discretionary sector earnings this month
Marriott Int's report follows an earnings beat by Amazon.com on February 3, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Tesla had beat expectations on January 26 with fourth quarter EPS of $2.54 on revenue of $17.72B, compared to forecast for EPS of $2.36 on revenue of $17.13B.
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