div > div.group > p:first-child"> Marriott — The hotel operator earned an adjusted $1.41 per share for the first quarter, 7 cents a share above estimates. Revenue missed forecasts, however, but Marriott said it was able to increase North American profit margins despite higher labor costs and modest revenue growth.
Uber — Uber priced its initial public offering at $45 per share, toward the low end of the expected range. Nonetheless, the ride-sharing service's IPO will raise $8 billion, making it the largest U.S. IPO since Facebook went public in 2012. Wynn Resorts — Wynn reported adjusted quarterly earnings of $1.61 per share, a penny a share ahead of consensus. The casino operator's revenue was very slightly below estimates amid a drop in Macau casino action.
Yelp — Yelp earned 2 cents per share for the first quarter, compared to consensus estimates of a penny a share. The consumer review website operator also had higher-than-expected revenue. Yelp gave weaker-than-expected revenue guidance for the current quarter, however, and said unique visitors to its desktop and mobile sites had declined during the first quarter.
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Source: CNBC - 🏆 12. / 72 Read more »