Marriott: 3Q Earnings Snapshot

November 7, 2018

ORLANDO, Fla. (AP) _ Marriott Vacations Worldwide Corp. (VAC) on Wednesday reported a third-quarter loss of $58 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Orlando, Florida-based company said it had a loss of $1.75. Earnings, adjusted for one-time gains and costs, were $1.42 per share.

The timeshare company posted revenue of $750 million in the period.

Marriott expects full-year earnings in the range of $5.52 to $5.75 per share.

Marriott shares have dropped 29 percent since the beginning of the year. The stock has fallen 32 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VAC at https://www.zacks.com/ap/VAC

Update hourly