Bluegreen Vacations Corporation (BXG) Misses Q4 EPS by 4c, Offers Outlook

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Bluegreen Vacations Corporation Reports Fourth Quarter and Full Year 2019 Results

March 9, 2020 4:05 PM EDT

BOCA RATON, Fla.--(BUSINESS WIRE)-- Bluegreen Vacations Corporation (NYSE: BXG) ("Bluegreen" or the Company") today reported its fourth quarter and full year 2019 financial results.

4Q19 Highlights:

Net income attributable to shareholders was $10.6 million, compared to $19.8 million in the prior year quarter. The 2019 quarters results were adversely impacted by a pretax $5.6 million loss upon the transfer of certain resort amenities to a homeowners association and $4.3 million in pretax charges for severance payments to certain executives and associates. Earnings Per Share (EPS) of $0.14,... More