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Marriott Vacations Worldwide Corporation (VAC)
NYSE:VAC
RESEARCH TOOLSreports
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.74Last Year’s EPS
1.8Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -14.05%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong fourth quarter performance with significant growth in contract sales and strategic expansion in various regions. The strategic business modernization initiative is expected to significantly boost adjusted EBITDA in the coming years. However, there are challenges such as a decline in the Exchange and Third-Party Management segment, expected rental profit decline, and higher G&A expenses. Despite these challenges, the company maintains a strong liquidity position and continues to see high guest satisfaction scores.Company Guidance
During the Marriott Vacations Worldwide Fourth Quarter 2024 earnings call, the company provided detailed guidance for 2025. They expect contract sales to increase by 2% to 6%, with tours and the Volume per Guest (VPG) both growing in the low single digits. Adjusted EBITDA is projected to be between $750 million and $780 million, including benefits of $15 million to $25 million from modernization initiatives. The company aims to generate an additional $150 million to $200 million in annualized adjusted EBITDA by the end of 2026, with half from cost savings and efficiencies and the other half from revenue growth acceleration. They also plan to spend $90 million to $95 million on reacquired inventory this year. The company highlighted their strategic initiatives to enhance operational efficiencies and accelerate growth, particularly through leveraging data and technology. They also noted a substantial pipeline of 260,000 packages, providing a strong foundation for future sales.Strong Fourth Quarter Performance
Contract sales grew by 7% year-over-year with first-time buyer sales increasing by 9%. Hawaii sales grew double digits year-over-year in the quarter.
Expansion and Development
Opened new Waikiki Resort, announced plans for new Marriott Vacation Club in Thailand, additional units in Bali, first Hyatt Vacation Club in Orlando, and a new Marriott Vacation Club in Downtown Nashville.
Strategic Business Modernization Initiative
Expected to generate an additional $150 million to $200 million in annualized adjusted EBITDA by the end of 2026. Includes substantial opportunities for cost savings and accelerating revenue growth.
Increase in Guest Satisfaction Scores
Guest satisfaction scores are higher today than they were last year and in 2022.
Strong Liquidity Position
Ended the year with more than $900 million in liquidity and no corporate debt maturities until early 2026.
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Marriott Vacations Worldwide Corporation (VAC) Earnings, Revenues Date & History
VAC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VAC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $85.38 | $77.47 | -9.26% |
| Nov 06, 2024 | $84.04 | $95.13 | +13.20% |
| Jul 31, 2024 | $82.95 | $76.38 | -7.92% |
| May 06, 2024 | $94.86 | $96.46 | +1.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Marriott Vacations Worldwide Corporation (VAC) report earnings?
Marriott Vacations Worldwide Corporation (VAC) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Marriott Vacations Worldwide Corporation (VAC) earnings time?
Marriott Vacations Worldwide Corporation (VAC) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VAC EPS forecast?
VAC EPS forecast for the fiscal quarter 2025 (Q1) is 1.74.
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