Marriott Vacations Q4 2023 Adj EPS $1.88 Beats $1.75 Estimate, Sales $1.19B Beat $1.14B Estimate
Portfolio Pulse from Benzinga Newsdesk
Marriott Vacations (NYSE:VAC) reported Q4 2023 earnings of $1.88 per share, surpassing the $1.75 estimate, with sales of $1.19B also beating the $1.14B estimate, marking a 0.51% increase from the previous year.
February 21, 2024 | 9:35 pm
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Marriott Vacations reported higher than expected Q4 2023 earnings and sales, with EPS at $1.88 and sales at $1.19B, beating estimates and showing slight year-over-year growth.
The positive earnings and sales report from Marriott Vacations, exceeding analyst expectations, is likely to instill investor confidence and could lead to a short-term uptick in VAC's stock price. The beat on both top and bottom lines, coupled with year-over-year sales growth, underscores the company's operational strength and market position, making it an attractive asset in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100