Marriott Vacations Q4 2019 Earnings Report
Key Takeaways
Marriott Vacations Worldwide Corporation reported a 10% increase in consolidated vacation ownership contract sales, reaching $394 million, driven by 9% VPG growth. Net income attributable to common shareholders was $74 million, or $1.71 per fully diluted share. Adjusted EBITDA increased 15% to $207 million.
Consolidated vacation ownership contract sales increased 10% to $394 million driven by 9% VPG growth.
Net income attributable to common shareholders was $74 million, or $1.71 per fully diluted share.
Adjusted net income attributable to common shareholders increased 47% to $105 million and Adjusted fully diluted EPS increased 63% to $2.43.
Adjusted EBITDA increased 15% to $207 million in the fourth quarter of 2019.
Marriott Vacations
Marriott Vacations
Marriott Vacations Revenue by Segment
Forward Guidance
The Company’s 2020 guidance does not include any additional impact from the coronavirus, or any other viral or pandemic incidents, that could have a material impact on travel demand.
Revenue & Expenses
Visualization of income flow from segment revenue to net income