Marriott Vacations Q2 Adj EPS $2.19 Misses $2.76 Estimate, Sales $1.18B Miss $1.23B Estimate
Portfolio Pulse from Benzinga Newsdesk
Marriott Vacations reported Q2 adjusted earnings of $2.19 per share, missing the analyst consensus estimate of $2.76 by 20.65%. This is a 23.69% decrease from the same period last year. The company also reported quarterly sales of $1.18 billion, missing the analyst consensus estimate of $1.23 billion by 4.23%. This is a 1.20% increase from the same period last year.
August 04, 2023 | 12:09 pm
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NEGATIVE IMPACT
Marriott Vacations' Q2 earnings and sales missed estimates, which could negatively impact its stock price in the short term.
Marriott Vacations' Q2 earnings and sales fell short of analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100