Marriott Vacations Worldwide Sees FY24 EPS $7.45-$8.16 Vs $7.79 Est.
Portfolio Pulse from Benzinga Newsdesk
Marriott Vacations Worldwide (VAC) forecasts FY24 EPS in the range of $7.45-$8.16, compared to the estimated $7.79. The company expects adjusted net income between $295M-$325M and adjusted EBITDA between $760M-$800M, including costs from transactions, integration, and litigation.
May 06, 2024 | 8:24 pm
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Marriott Vacations Worldwide projects FY24 EPS to range from $7.45 to $8.16, surpassing the analyst estimate of $7.79, with adjusted net income expected between $295M and $325M.
The positive forecast from Marriott Vacations Worldwide for FY24 EPS and adjusted net income suggests a bullish outlook for the company, likely leading to a positive short-term impact on its stock price. The projection surpasses the analyst's EPS estimate, indicating strong future performance and potential upside for investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100