Marriott Vacations: Q1 Earnings Insights

Marriott Vacations (NYSE:VAC) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM. Here’s what…

Marriott Vacations (NYSE:VAC) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Marriott Vacations beat estimated earnings by 30.93%, reporting an EPS of $2.54 versus an estimate of $1.94.

Revenue was up $117.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 1.68% drop in the share price the next day.

Here’s a look at Marriott Vacations’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 2.77 2.60 2.27 1.53
EPS Actual 2.74 3.02 2.87 1.70
Revenue Estimate 1.20B 1.14B 1.15B 1.04B
Revenue Actual 1.19B 1.25B 1.16B 1.05B

To track all earnings releases for Marriott Vacations visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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