Marriott Vacations Worldwide (VAC) Tops Q4 EPS by 9c, Offers FY Guidance

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Go back to Marriott Vacations Worldwide (VAC) Tops Q4 EPS by 9c, Offers FY Guidance

Marriott Vacations Worldwide Reports Fourth Quarter and Full Year 2016 Financial Results and 2017 Outlook

February 23, 2017 8:00 AM EST

ORLANDO, Fla., Feb. 23, 2017 /PRNewswire/ -- 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