NYSE$VAC
Marriott Vacations Worldwide Corp · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported third quarter financial results and provided an update on business conditions.
Marriott Vacations Worldwide reported a net loss attributable to common shareholders of $62 million, or $1.51 loss per fully diluted share. Adjusted net loss attributable to common shareholders was $33 million and adjusted fully diluted loss per share was $0.81. Adjusted EBITDA was $35 million. Cash and cash equivalents totaled $660 million at the end of the quarter.
- Consolidated Vacation Ownership contract sales totaled $140 million.
- Net loss attributable to common shareholders was $62 million, or $1.51 loss per fully diluted share.
- Adjusted net loss attributable to common shareholders was $33 million and adjusted fully diluted loss per share was $0.81.
- Cash and cash equivalents totaled $660 million.
Headline financials
Revenue & EPS history
Marriott Vacations · Revenue · Quarterly
$649M
Revenue by segment
Marriott Vacations · $649M total across 5 segments · Q3 2020
- Cost Reimbursements$255M—39.3%
- Management and Exchange$176M—27.1%
- Sale of VO Products$98M—15.1%
- Financing$64M—9.9%
- Rental$56M—8.6%
Forward guidance
Company expects contract sales to increase to $160 to $185 million in the fourth quarter. The Company expects to generate $335 million of cash from operations and at least $130 million of total cash flow in the second half of 2020. The Company now expects to generate at least $200 million of synergy and other cost savings.
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 Q3 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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