Marriott Vacations Worldwide (NYSE:VAC) Full Year 2024 Results

Key Financial Results

• Revenue: US$4.97b (up 57% from FY 2023).
• Net income: US$218.0m (down 14% from FY 2023).
• Profit margin: 4.4% (down from 8.0% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$6.16 (down from US$6.96 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Marriott Vacations Worldwide Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 2.1%.

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.

The company's shares are down 12% from a week ago.

Risk Analysis

You should always think about risks.

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