Market Overview

Recap: Bluegreen Vacations Q3 Earnings

Share:

Shares of Bluegreen Vacations (NYSE:BXG) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share were down 48.15% year over year to $0.14, which beat the estimate of $0.12.

Revenue of $144,571,000 decreased by 29.78% from the same period last year, which beat the estimate of $128,900,000.

Guidance

Bluegreen Vacations hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $10.79

52-week low: $3.25

Price action over last quarter: Up 5.16%

Company Description

Bluegreen Vacations Corp is a US-based vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. It sells VOIs through fee-for-service agreements with third-party developers and provides consumer financing and title services through a wholly owned subsidiary. The company also provides management services to the Bluegreen Vacation Club and to a majority of the HOAs (home owners' associations) of the resorts within the Bluegreen vacation Club as well as manages the club reservation services, provides services to owners and performs billing and collections services to the Bluegreen Vacation Club and certain HOAs.

 

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Posted-In: Earnings