Marriott Vacations Worldwide (VAC) Tops Q2 EPS by 4c, Offers Guidance
Marriott Vacations Worldwide (NYSE: VAC) reported Q2 EPS of $0.91, $0.04 better than the analyst estimate of $0.87.
Marriott Vacations Worldwide sees FY2015 EPS of $3.29-$3.48, versus the consensus of $3.48.
Outlook
The company is providing the following updated guidance for the full year 2015:
Current Guidance | Previous Guidance | |
Adjusted free cash flow | $175 million to $200 million | $145 million to $170 million |
The company is reaffirming the following guidance for the full year 2015: | ||
Current Guidance  | ||
Adjusted EBITDA | $222 million to $232 million | |
Company contract sales growth (excluding residential) | 5 percent to 8 percent | |
Adjusted company development margin | 21 percent to 22 percent | |
Adjusted net income | $108 million to $114 million | |
Adjusted fully diluted earnings per share | $3.29 to $3.48 | |
For earnings history and earnings-related data on Marriott Vacations Worldwide (VAC) click here.