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Marriott Vacations Worldwide: Q3 Earnings Snapshot
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ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — Marriott Vacations Worldwide Corp. (VAC) on Wednesday reported third-quarter net income of $82 million.

On a per-share basis, the Orlando, Florida-based company said it had net income of $2.24. Earnings, adjusted for restructuring costs and non-recurring costs, came to $2.64 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.56 per share.

The timeshare company posted revenue of $1.37 billion in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $1.41 billion.

Marriott Vacations Worldwide expects full-year earnings in the range of $8.65 to $9.15 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VAC at https://www.zacks.com/ap/VAC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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