Bluegreen Vacations: 2Q Earnings Snapshot
Aug. 03, 2018
BOCA RATON, Fla. (AP) _ Bluegreen Vacations Corp. (BXG) on Thursday reported second-quarter profit of $26.7 million.
The Boca Raton, Florida-based company said it had net income of 36 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.
The timeshare developer and operator posted revenue of $194.9 million in the period.
Bluegreen Vacations shares have climbed 40 percent since the beginning of the year.