Candorium Free Members
Join Candorium to access the full article and more
Free Member Benefits:
✔
Comment & Reply✔
Newsletter Access✔
Follow Authors✔
Share via SMS Go Back
Marriott: Q1 Earnings Snapshot
By AP News - May 03, 2023, 06:09 PM ET
Last Updated - Jun 21, 2023, 11:11 PM EDT
ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — Marriott Vacations Worldwide Corp. (VAC) on Wednesday reported first-quarter profit of $87 million.
The Orlando, Florida-based company said it had net income of $2.06 per share. Earnings, adjusted for non-recurring costs, came to $2.54 per share.
Sponsored
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.84 per share.
The timeshare company posted revenue of $1.17 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $1.13 billion.
Marriott expects full-year earnings in the range of $11.05 to $11.85 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a VAC">Zacks stock report on VAC at https://www.zacks.com/ap/VAC
Sponsored
Read More from Investing
Popular News
Latest News
