Marriott Vacations Q3 Earnings Beat, '24 Adjusted EBITDA View Rises [Yahoo! Finance]
Marriott Vacations Worldwide Corporation (VAC)
Last marriott vacations worldwide corporation earnings: 2/26 04:15 pm
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US:NYSE Investor Relations:
ir.marriottvacationsworldwide.com/investor-relations
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Source: Yahoo! Finance
See the Zacks Earnings Calendar to stay ahead of market-making news. The quarterly performance benefited from solid contributions from the Vacation Ownership segment, driven by increased tours, higher development, resort management and rental profit, partially offset by lower financing profit. Also, continued recovery from last year's Maui wildfires added to growth. Although total expenses were higher in the quarter than the prior-year level, leverage from the increased top line aided the bottom line to a great extent. Going forward, the company aims to focus on accelerating growth and strengthening profitability. It targets to achieve annual cost efficiencies between $50 million and $100 million in the next couple of years. Adjusted earnings per share (EPS) of $1.80 surpassed the Zacks Consensus Estimate of $1.53 by 17.7%. In the year-ago quarter, it reported an adjusted EPS of $1.20. Marriott Vacations Worldwide Corporation price-consensus-eps-surprise-chart | Marriott Va
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VAC
News
- Marriott Vacations Worldwide Co. (NYSE: VAC) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $116.00 price target on the stock, up previously from $97.00.MarketBeat
- Marriott Vacations Worldwide's (NYSE:VAC) Upcoming Dividend Will Be Larger Than Last Year's [Yahoo! Finance]Yahoo! Finance
- Marriott Vacations Worldwide Co. (NYSE: VAC) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $70.00 to $85.00. They now have a "sell" rating on the stock.MarketBeat
- Marriott Vacations Rewards Investors With 4% Dividend Hike [Yahoo! Finance]Yahoo! Finance
- Why Is Marriott Vacations Worldwide (VAC) Up 1.4% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
VAC
Earnings
- 11/6/24 - Beat
VAC
Sec Filings
- 12/19/24 - Form 8-K
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- VAC's page on the SEC website