Marriott Vacations Worldwide (VAC) Tops Q4 EPS by 9c, Offers FY Guidance
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Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2016 Financial Results and 2017 Outlook
February 23, 2017 8:00 AM ESTORLANDO, Fla., Feb. 23, 2017 /PRNewswire/ --Â Marriott Vacations Worldwide Corporation (NYSE: VAC) today reported fourth quarter and full year 2016 financial results and provided its outlook for the full year 2017.
Fourth quarter 2016 highlights:
Net income was $49.8 million, or $1.80 fully diluted earnings per share (EPS), compared to net income of $33.1 million, or $1.06 fully diluted EPS, in the fourth quarter of 2015, an increase of 50.3 percent and 69.8 percent, respectively. Adjusted net income was $50.8 million, compared to adjusted net... More