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Stock impact report

Marriott Vacations Worldwide Reports Third Quarter 2024 Financial Results

Marriott Vacations Worldwide Corporation (VAC) 
Last marriott vacations worldwide corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Business Wire
ORLANDO, Fla.--(BUSINESS WIRE)--Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW,” the “Company,” “we” or “our”) reported third quarter 2024 financial results.Third Quarter 2024 HighlightsConsolidated Vacation Ownership contract sales increased 5% compared to the third quarter of 2023 to $459 million.Net income attributable to common stockholders was $84 million and fully diluted earnings per share was $2.12.Adjusted net income attributable to common stockholders was $72 million and adjusted fully diluted earnings per share was $1.80.Adjusted EBITDA was $198 million.The Company updates its full-year outlook.“Our results this quarter reflect our continued progress on enhancing the experience for our owners, members and other customers, as well as the continued recovery from last year's Maui wildfires. We also took a series of targeted actions during the quarter, helping us grow contract sales 5% year-over-year,” said John Geller, president and chief executive officer. “Wh Show less Read more
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