Marriott Vacations Q2 2024 Adj. EPS $1.10 Misses $1.99 Estimate, Sales $1.140B Miss $1.211B Estimate
Portfolio Pulse from Benzinga Newsdesk
Marriott Vacations (NYSE:VAC) reported Q2 2024 adjusted EPS of $1.10, missing the analyst estimate of $1.99 by 44.72%. Sales were $1.140 billion, also missing the $1.211 billion estimate and down 3.23% from the same period last year.
July 31, 2024 | 8:19 pm
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Marriott Vacations reported Q2 2024 adjusted EPS of $1.10, significantly missing the analyst estimate of $1.99 by 44.72%. Sales were $1.140 billion, missing the $1.211 billion estimate and down 3.23% from the same period last year.
The significant miss in both EPS and sales compared to analyst estimates, along with a year-over-year decline in sales, is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100