Marriott Vacations Worldwide (VAC) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Marriott Vacations Worldwide reported $1.26 billion in revenue for Q3 2025, a year-over-year decline of 3.2% and a surprise of -5.2% compared to the Zacks Consensus Estimate of $1.33 billion [1] - The EPS for the same quarter was $1.69, down from $1.80 a year ago, with a surprise of +3.05% over the consensus estimate of $1.64 [1] Revenue Breakdown - Cost reimbursements revenue was $451 million, below the average estimate of $491 million, representing a year-over-year decline of 4.7% [4] - Rental revenue was $150 million, slightly below the average estimate of $157.8 million, with a year-over-year change of -0.7% [4] - Management and exchange revenue was $214 million, exceeding the average estimate of $211.67 million, showing a year-over-year increase of 3.4% [4] - Sales of vacation ownership products generated $358 million, below the average estimate of $376.71 million, reflecting a year-over-year decline of 7.5% [4] - Financing revenue was $90 million, in line with the average estimate of $90.22 million, with a year-over-year increase of 3.5% [4] Stock Performance - Shares of Marriott Vacations Worldwide have returned +2.4% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]