Marriott Vacations Worldwide ("MVW") Reports First Quarter 2021 Financial Results

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Marriott Vacations Worldwide (VAC) Misses Q1 EPS by 22c, Revenues Miss

May 5, 2021 4:17 PM EDT

Marriott Vacations Worldwide (NYSE: VAC) reported Q1 EPS of ($0.49), $0.22 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $759 million versus the consensus estimate of $794.77 million.

First Quarter 2021 Highlights and Operational Update:

Consolidated Vacation Ownership contract sales totaled $226 million in the first quarter of 2021, with VPG increasing 26% compared to the prior... More