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Market Overview

Marriott Vacations: Q4 Earnings Insights

Share:

Shares of Marriott Vacations (NYSE:VAC) fell in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 102.06% over the past year to ($0.05), which missed the estimate of ($0.02).

Revenue of $747,000,000 decreased by 34.76% year over year, which beat the estimate of $717,870,000.

Outlook

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

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

Price Action

52-week high: $165.85

52-week low: $30.10

Price action over last quarter: Up 53.86%

Company Description

Marriott Vacations Worldwide Corporation functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's major revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services.

 

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Posted-In: BZI-RecapsEarnings