Marriott Vacations Worldwide Corp. Profit Declines In Q1

(RTTNews) - Marriott Vacations Worldwide Corp. (VAC) announced earnings for first quarter that Drops, from last year

The company's bottom line totaled $22 million, or $0.64 per share. This compares with $56 million, or $1.46 per share, last year.

Excluding items, Marriott Vacations Worldwide Corp. reported adjusted earnings of $43 million or $1.24 per share for the period.

The company's revenue for the period rose 4.8% to $1.257 billion from $1.200 billion last year.

Marriott Vacations Worldwide Corp. earnings at a glance (GAAP) :

-Earnings: $22 Mln. vs. $56 Mln. last year. -EPS: $0.64 vs. $1.46 last year. -Revenue: $1.257 Bln vs. $1.200 Bln last year.

-Guidance: Full year EPS guidance: $ 7.05 To $ 7.80