2 Stocks to Analyze in Postgame Earnings Spotlight
Marriott International Inc. (NYSE:MAR) from reporting a profit boost in the second quarter. Net income for Marriott International Inc. rose to $143 million (42 cents per share) vs. $135 million (37 cents per share) in the same quarter a year earlier. This marks a rise of 5.9% from the year-earlier quarter. Revenue fell 6.6% to $2.78 billion from the year-earlier quarter. Marriott International Inc. fell in line with the mean analyst estimate of 42 cents per share. It fell short of the average revenue estimate of $2.84 billion.
Emmis Communications Corporation (NASDAQ:EMMS) reported its results for the first quarter. Loss widened to $4.1 million (13 cents per diluted share) from $2 million (loss of 12 cents per share) in the same quarter a year earlier. Revenue fell 7.1% to $56.8 million from the year-earlier quarter.