Bluegreen Vacations Corporation (BXG) Misses Q3 EPS by 6c
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Bluegreen Vacations Corporation Reports Third Quarter 2018 Results
November 5, 2018 4:05 PM ESTBOCA RATON, Fla.--(BUSINESS WIRE)-- Bluegreen Vacations Corporation (NYSE: BXG) ("Bluegreen" or the Company") today reported its third quarter 2018 financial results.
3Q18 Highlights
Earnings Per Share (EPS) increased 3.8% to $0.27 Adjusted EBITDA of $34.9 million, which was negatively impacted by lost business associated with Hurricane Florence, which we estimate to have been $2.3 million of EBITDA Total revenues increase of $7.0 million, or 3.6%, to $202.2 million Growth in System-Wide Sales of Vacation Ownership Interests (VOIs) of 1.1% (or 4.5%... More