Marriott Vacations Worldwide Corporation (NYSE:VAC) is expected to report third quarter earnings results, after market close, on Wednesday 4th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.59 per share.
Looking ahead, the full year loss are expected at $ 0.08 per share on the revenues of $ 2827.65 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 9.01 ~ $ 9.72 per share
Click Here For More Historical Outlooks Of Marriott Vacations Worldwide Corporation
Previous Quarter Performance
Marriott Vacations Worldwide Corporation outlined loss for the second quarter of $ 1.76 per share, from the revenue of $ 480.00 million. The quarterly revenues reduced 55.06 percent compared with the same quarter last year. The consensus estimates are loss of $ 1.24 per share from $ 445.57 million in revenue. The bottom line results missed street analysts by $ 0.52 or 41.94 percent, at the same time, top line results outshined analysts by $ 34.43 million or 7.73 percent.
Stock Performance
Shares of Marriott Vacations Worldwide Corporation traded up $ 3.87 or 3.92 percent on Tuesday, reaching $ 102.49 with volume of 312.10 thousand shares. Marriott Vacations Worldwide Corporation has traded high as $ 103.18 and has cracked $ 99.12 on the downward trend
According to the previous trading day, closing price of $ 102.49, representing a 227.64 % increase from the 52 week low of $ 30.10 and a 24.87 % decrease over the 52 week high of $ 131.27.
The company has a market capital of $ 4.21 billion and is part of the Consumer Cyclical sector and Resorts & Casinos industry.
Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club brands, and Marriott Vacation Club Pulse brands. The company operates through two segments, Vacation Ownership and Exchange & Third-Party Management. It also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand.
