Marriott Vacations Worldwide Corp expected to post earnings of $1.99 a share - Earnings Preview

Marriott Vacations Worldwide

29/07/2024 23:22

* Marriott Vacations Worldwide Corp  VAC.N   VAC  is
expected
to show a rise in quarterly revenue when it reports  results on
July 31 for the period ending June 30 2024
    * The Orlando Florida-based  company is expected to report a
2.8% increase in revenue to $1.211 billion from $1.18 billion a
year ago, according to the mean estimate from 9 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 $1.99 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Marriott
Vacations Worldwide Corp is $116.00​, above​ its last closing
price of $85.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.70        1.69       1.80      Beat    6.5
 Dec. 31 2024  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
 ​​Mar.        1.91        1.94       2.54      Beat    31.1
 31 2023                                                
 Dec. 31 2022  2.78        2.72       2.74      Beat    0.6​
 Sep. 30 2022  2.61        2.60       3.02      Beat    16.2
 Jun. 30 2022  2.30        2.27       2.87      Beat    26.6
 This summary was machine generated July 29 at 22:22 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)