Loading...
•
Dec 31, 2019
Marriott Vacations Q4 2019 Earnings Report
Reported fourth quarter and full year 2019 financial results and provided guidance for the full year 2020.
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.
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.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...