Do These 4 Earnings Give the Consumer Economy Hope?

The melt up continued Wednesday as the Dow (NYSE:DIA) closed 186 points higher.  Gold (NYSE:GLD) and silver (NYSE:SLV) continued their impressive run as the US dollar (NYSE:UUP) hit a 15 month low against the euro.

These 4 companies reported earnings on a Wednesday:

1) Marriot International (NYSE:MAR): After the closing bell, the lodging giant reported Q1 earnings.  The company reported a net income of $101 million (26 cents per share), analysts were expecting 27 cents per share.  Revenue increased 6% to $2.78 billion, but once again disappointed analysts who were expecting about $2.85 billion .  The company operates hotels and other lodging services worldwide.  Investors looking for a lodging play, may also want to check out Intercontinental Hotels Group (NYSE:IHG).

2) Apple (NASDAQ:AAPL): Shares of the industry tech leader are up more than 3% in late trading.  After the closing bell, the company reported strong fiscal Q2 earnings.  Steve Jobs said, “We’re firing on all cylinders.”  EPS of $6.40 beat estimates by $1.04, and revenue of $24.67 billion beat estimates by $1.33 billion.  The company competes viciously with Microsoft (NASDAQ:MSFT), Google (NASDAQ:GOOG), and Hewlett-Packard (NYSE:HPQ).

3) YUM! Brands (NYSE:YUM): The company continues to serve good news to investors.  Yesterday, the company reported a lawsuit being dropped against its Taco Bell brand. Today, the company reports appetizing Q1 earnings.  Although EPS of 63 cents missed estimates by 1 penny, its China based revenue increased 28%.  The company also affirmed its previous 2011 earnings growth target of at least 10%.  Shares jumped over 5% on the good news.  The quick service heavyweight McDonald’s (NYSE:MCD) reported disappointing earnings today.

4) Cheesecake Factory (NASDAQ:CAKE): Shares of the upscale sit-down restaurant  are down nearly 2% in late trading after the company released Q1 results.  EPS of 34 cents beat estimates by 1 penny.  Revenue increased 3.3% from last year to $418.8 million.  Competitors Panera Bread Co. (NASDAQ:PNRA) and Chipotle (NYSE:CMG) are also making moves in earnings season.

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