Marriott Vacations Worldwide Corp. (VAC), Thursday reported first-quarter net income of $18 million or $0.50 per share, compared to $9 million or $0.24 per share last year.
Adjusted profit rose to $19 million or $0.54 per share from $10 million or $0.27 per share last year.
Total revenues for the quarter grew to $389 million from $376 million last year.
Analysts estimated earnings of $0.44 per share on revenues of $391.04 million for the quarter.
For the full year 2013, the company now expects adjusted earnings of $1.87 to $2.03 per share, up from prior estimate of $1.77 to $2.00 per share. Analysts currently estimate earnings of 1.92 per share for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.