NYSE$VAC
Marriott Vacations Worldwide Corp · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported second quarter financial results and provided an update on business conditions in light of the COVID-19 pandemic.
Marriott Vacations Worldwide reported a challenging second quarter due to the COVID-19 pandemic, with significant declines in contract sales and revenues. However, resort occupancies began to recover in late May as restrictions eased, and the company expects positive cash flow in the second half of the year.
- Consolidated Vacation Ownership contract sales totaled $30 million.
- Net loss attributable to common shareholders was $70 million, or $1.68 loss per fully diluted share.
- Adjusted EBITDA reflected a loss of $10 million.
- Cash and cash equivalents totaled $566 million at the end of the quarter.
Headline financials
Revenue & EPS history
Marriott Vacations · Revenue · Quarterly
$480M
Revenue by segment
Marriott Vacations · $480M total across 5 segments · Q2 2020
- Cost Reimbursements$194M—40.4%
- Management and Exchange$145M—30.2%
- Financing$70M—14.6%
- Sale of VO Products$53M—11.0%
- Rental$18M—3.8%
Forward guidance
The company expects cash flow in the second half of the year to be positive.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-0.1%
Avg return
Earnings day
-1.5%
Avg return
5 days after
-0.8%
Avg return
30 days after
51%
32 / 63 earnings
Positive
+21.0%
Q3 2024
Best reaction
-26.8%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.1% | +10.0% | +23.7% | |
| Q3 2025 | -26.8% | -30.5% | -18.1% | |
| Q2 2025 | -2.0% | -4.7% | +6.0% | |
| Q1 2025 | +10.5% | +24.3% | +13.5% | |
| Q4 2024 | -9.3% | -16.8% | -22.5% | |
| Q4 2025 | +0.1% | -14.0% | -22.4% | |
| Q3 2024 | +21.0% | +18.7% | +22.0% | |
| Q2 2024 | -10.7% | -17.5% | -15.2% | |
| Q1 2024 | +2.0% | +2.4% | -9.5% | |
| Q4 2023 | +11.7% | +10.2% | +15.1% | |
| Q3 2023 | -8.2% | -12.1% | -13.7% | |
| Q2 2023 | -11.9% | -11.1% | -12.5% | |
| Q1 2023 | -4.2% | -5.2% | -4.8% | |
| Q4 2022 | -1.7% | -1.5% | -18.1% | |
| Q3 2022 | -0.9% | -5.7% | +1.3% | |
| Q2 2022 | +3.4% | +7.8% | +1.8% | |
| Q1 2022 | -4.1% | -5.7% | -0.7% | |
| Q4 2021 | -3.0% | -3.4% | -6.4% | |
| Q3 2021 | -0.5% | -1.3% | -5.0% | |
| Q2 2021 | -5.8% | -9.4% | -1.8% | |
| Q1 2021 | -2.6% | -2.6% | -3.5% | |
| Q4 2020 | +0.0% | +6.3% | +4.1% | |
| Q3 2020 | +9.2% | +23.0% | +38.8% | |
| Q2 2020 | -0.7% | -5.9% | +11.8% | |
| Q1 2020 | +3.0% | +1.6% | +30.5% | |
| Q4 2019 | -5.6% | -2.7% | -41.3% | |
| Q3 2019 | +3.2% | +4.8% | +9.7% | |
| Q2 2019 | -5.7% | -17.6% | -3.9% | |
| Q1 2019 | -3.6% | -7.1% | -14.3% | |
| Q4 2018 | +3.3% | +1.2% | -4.2% | |
| Q3 2018 | -9.2% | -21.2% | -24.5% | |
| Q2 2018 | +2.4% | +3.4% | +1.8% | |
| Q1 2018 | -4.6% | -3.0% | -1.0% | |
| Q4 2017 | -1.4% | +2.5% | -6.5% | |
| Q3 2017 | +8.1% | +7.2% | +1.3% | |
| Q2 2017 | +0.9% | -1.4% | +3.2% | |
| Q1 2017 | +1.4% | -0.5% | +5.0% | |
| Q4 2016 | +10.1% | +4.6% | +8.1% | |
| Q3 2016 | -7.0% | -4.2% | +6.0% | |
| Q2 2016 | +11.6% | +16.1% | +13.0% | |
| Q1 2016 | -7.6% | — | — | |
| Q4 2015 | +12.5% | — | — | |
| Q3 2015 | -16.8% | — | — | |
| Q2 2015 | -7.8% | — | — | |
| Q1 2015 | +7.5% | — | — | |
| Q4 2014 | -1.3% | — | — | |
| Q3 2014 | +7.1% | — | — | |
| Q2 2014 | +0.5% | — | — | |
| Q1 2014 | +3.4% | — | — | |
| Q4 2013 | +4.1% | — | — | |
| Q3 2013 | +9.2% | — | — | |
| Q2 2013 | -5.6% | — | — | |
| Q1 2013 | +5.6% | — | — | |
| Q4 2012 | -12.7% | — | — | |
| Q3 2012 | +0.1% | — | — | |
| Q2 2012 | +8.3% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q1 2012 | +8.6% | — | — | |
| Q2 2011 | +1.1% | — | — | |
| Q4 2011 | +3.4% | — | — | |
| Q3 2011 | -0.7% | — | — | |
| Q1 2010 | -0.7% | — | — | |
| Q4 2010 | -0.7% | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — |
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