Marriott Vacations Worldwide Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

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.

Performance of the American Hospitality industry.

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

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Marriott Vacations Worldwide you should be aware of, and 1 of them is potentially serious.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks


Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.