Marriott Vacations Worldwide Corp expected to post earnings of $1.69 a share - Earnings Preview

Marriott Vacations Worldwide

04/05/2024 03:27

* Marriott Vacations Worldwide Corp  VAC.N   VAC  is
expected
to show a rise in quarterly revenue when it reports  results on
May 6 for the period ending March 31 2024
    * The Orlando Florida-based  company is expected to report a
0.4% increase in revenue to $1.174 billion from $1.17 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data. (Sales/Revenue majority is based on Revenue
Including Reimbursements)
    * ​LSEG's mean analyst estimate for Marriott Vacations
Worldwide
Corp is for earnings of $1.69 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Marriott
Vacations Worldwide Corp is $115.00​, above​ its last closing
price of $97.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.72        1.75       1.88      Beat    7.3
 Sep. 30 2023  2.16        2.16       1.20      Missed  -44.3
 Jan. 1 0001   2.82        2.76       2.19      Missed  -20.8​
 Jan. 1 0001   1.91        1.94       2.54      Beat    31.1
 ​​Dec.        2.78        2.72       2.74      Beat    0.6
 31 2022                                                
 Sep. 30 2022  2.61        2.60       3.02      Beat    16.2​
 Jun. 30 2022  2.30        2.27       2.87      Beat    26.6
 Jan. 1 0001   1.55        1.53       1.70      Beat    11.4
 This summary was machine generated May 4 at 02:27 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)