>>> Marriot Vacations beats by $0.01, misses on revs; guides FY14 EPS in-line (

Marriot Vacations beats by $0.01, misses on revs; guides FY14 EPS in-line

Reports Q3 (Sep) earnings of $0.81 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.80; revenues rose 0.2% year/year to $413 mln vs the $420.79 mln consensus.
  • Adjusted EBITDA totaled $54 mln, an increase of $4 mln, or 8%, y/y
Co issues in-line guidance for FY14, sees EPS of $2.67-2.84 from prior range of $2.64-2.82, excluding non-recurring items, vs. $2.77 Capital IQ Consensus Estimate; contract sales growth expected to +1-3%; adjusted EBITDA of $190-200 mln.