Marriott Vacations Worldwide (VAC) Q2 Earnings and Revenues Lag Estimates

Marriott Vacations Worldwide (VAC) came out with quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -44.72%. A quarter ago, it was expected that this timeshare company would post earnings of $1.66 per share when it actually produced earnings of $1.80, delivering a surprise of 8.43%. Over the last fou ...