Marriott Vacations Worldwide Corporation (VAC) Q2 2024 Earnings Call Transcript
Marriott Vacations Worldwide Corporation. (NYSE:VAC ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Neal Goldner - VP-IR John Geller - President and CEO Jason Marino - EVP and CFO Conference Call Participants Benjamin Chaiken - Mizuho David Katz - Jefferies Patrick Scholes - Truist Securities Brandt Montour - Barclays Chris Woronka - Deutsche Bank Shaun Kelley - Bank of America Operator Greetings, and welcome to the Marriott Vacations Worldwide Second Quarter 2024 Earnings Call.
Marriott Vacations (VAC) Q2 Earnings & Revenues Lag Estimates
Marriott Vacations' (VAC) second-quarter contract sales are hurt by lower VPGs and the impact of the Maui wildfires.
Compared to Estimates, Marriott Vacations Worldwide (VAC) Q2 Earnings: A Look at Key Metrics
The headline numbers for Marriott Vacations Worldwide (VAC) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Marriott Vacations Worldwide (VAC) Q2 Earnings and Revenues Lag Estimates
Marriott Vacations Worldwide (VAC) came out with quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.19 per share a year ago.
Earnings Preview: Marriott Vacations Worldwide (VAC) Q2 Earnings Expected to Decline
Marriott Vacations Worldwide (VAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here's Why Investors Should Hold Marriott Vacations (VAC) for Now
Marriott Vacations (VAC) benefits from strength in packages, solid summer bookings and the Abound by Marriott Vacations program. However, increased expenses, Maui Wildfires and a fall in VPGs are headwinds.
These 3 Consumer Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Marriott Vacations (NYSE:VAC)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
