Marriott Vacations Worldwide Corp reports results for the quarter ended in June - Earnings Summary

Marriott Vacations Worldwide

03/08/2023 05:49

* Marriott Vacations Worldwide Corp  VAC.N  reported
quarterly
adjusted earnings of $2.19​​ per share for the quarter ended in
June. The mean expectation of six analysts for the quarter was
for earnings of $2.76 per share.
    * Revenue rose 1.2% to $1.18 billion from a year ago;
analysts
expected $1.23 billion. 
    * Marriott Vacations Worldwide Corp's reported EPS for the
quarter
was $2.17​.
    * The mean earnings estimate of analysts had fallen by
about 7.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Marriott Vacations Worldwide Corp shares had risen by 3.1%
this
quarter and lost 6.0% so far this year.
    * The company reported quarterly net income of $90 million.
    * Wall Street's median 12-month price target for Marriott
Vacations Worldwide Corp is $177.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 04:49 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.76           2.19           Missed
 Mar. 31 2023      1.94           2.54           Beat
 Dec. 31 2022      2.72           2.74           Beat
 Sep. 30 2022      2.60           3.02           Beat