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Marriott Vacations Q1 Earnings Fall, Revenue Rises; EPS Outlook Revised
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Marriott Vacations Q1 Earnings Fall, Revenue Rises; EPS Outlook Revised
May 6, 2024 3:18 PM

05:59 PM EDT, 05/06/2024 (MT Newswires) -- Marriott Vacations Worldwide ( VAC ) reported Q1 adjusted earnings late Monday of $1.80 per diluted share, down from $2.54 per share a year earlier.

Analysts polled by Capital IQ expected $1.73.

Revenue for the quarter ended March 31 rose to $1.20 billion from $1.17 billion a year earlier. Analysts surveyed by Capital IQ expected $1.17 billion.

For 2024, the company said it now expects adjusted EPS of $7.45 to $8.16. In February, Marriott Vacations ( VAC ) projected adjusted EPS at $7.65 to $8.35. The consensus is for EPS of $7.94.

Price: 98.00, Change: +0.49, Percent Change: +0.50

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