Marriott Vacations Worldwide: Fourth Quarter Earnings Overview

Marriott Vacations Worldwide Reports Fourth Quarter Results

Marriott Vacations Worldwide Corp., headquartered in Orlando, Florida, announced a net loss of $431 million for its fourth quarter.

The company reported a per-share loss of $12.43. After adjusting for non-recurring items, earnings were $1.86 per share.

These adjusted earnings surpassed the expectations of analysts, who, according to a Zacks Investment Research survey of six experts, had predicted $1.72 per share.

During the quarter, the timeshare provider generated $1.32 billion in revenue, aligning with analyst forecasts.

For the entire fiscal year, Marriott Vacations Worldwide recorded a net loss of $308 million, or $8.84 per share, with total revenue reaching $5.03 billion.

Looking ahead, the company anticipates full-year earnings to fall between $7.05 and $7.80 per share.

Financial data for this article was sourced from Zacks Investment Research and compiled by Automated Insights. For more information, see the Zacks stock report on VAC.