CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 75-95% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

Marriott Vacations beats Q3 adjusted EPS estimates, lifts FY guidance

By Reuters News


Overview

  • US vacation ownership firm's Q3 adjusted EPS rose 56%, exceeding analysts' expectations

  • Adjusted EBITDA rose 27%, but slightly missed expectations

  • Company raised full-year contract sales and adjusted EBITDA guidance despite hurricane impact


Outlook

  • Company raises full-year 2026 contract sales guidance to $2.120 bln-$2.140 bln from $2.080 bln-$2.115 bln

  • Company lifts full-year 2026 adjusted EBITDA outlook to $810 mln-$830 mln from $805 mln-$830 mln

  • Company raises full-year 2026 adjusted EPS guidance to $8.65-$9.15 from $8.25-$9.05


Result Drivers

  • CONTRACT SALES GROWTH - Q3 contract sales rose 29% year over year, driven by higher average transaction size and improved sales execution

  • LOWER PRODUCT COSTS - Vacation Ownership adjusted EBITDA growth was supported by lower average cost of products

  • SALES AND MARKETING EFFICIENCY - Segment adjusted EBITDA margin rose due to lower sales and marketing as a percentage of revenue and lower product cost rates


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Adjusted EPS

Beat

$2.64

$2.57 (11 Analysts)

Q3 Net Income

$82 mln

Q3 Adjusted EBITDA

Slight Miss*

$216 mln

$216.95 mln (8 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy"

  • Wall Street's median 12-month price target for Marriott Vacations Worldwide Corporation is $127.00, about 7.1% above its November 3 closing price of $118.59

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago


Reuters Recommended Reads

  • Nov 2 - Herbalife's Q3 results beat estimates on Asia-Pacific sales growth; lifts FY outlook

  • Nov 2 - Marriott tops Q3 revenue, profit estimates

  • Nov 2 - Choice Hotels Q3 revenue and adjusted EPS beat estimates, raises FY RevPAR outlook


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.