Marriott Vacations beats Q3 adjusted EPS estimates, lifts FY guidance
VAC•Marriott Vacations reported Q3 adjusted EPS of $2.64, above the $2.57 estimate, and raised its full-year 2026 guidance for contract sales, adjusted EBITDA and adjusted EPS. Adjusted EBITDA was $216 million, slightly below the $216.95 million estimate.
1. Quarterly results
Q3 adjusted EPS rose 56% to $2.64, exceeding analysts’ $2.57 estimate. Adjusted EBITDA rose 27% to $216 million, slightly below the $216.95 million estimate, while net income was $82 million. Contract sales increased 29% year over year, driven by higher average transaction size and improved sales execution.
2. Raised 2026 outlook
The company raised its 2026 contract sales guidance to $2.120 billion-$2.140 billion from $2.080 billion-$2.115 billion, adjusted EBITDA guidance to $810 million-$830 million from $805 million-$830 million, and adjusted EPS guidance to $8.65-$9.15 from $8.25-$9.05. The increases came despite hurricane impacts.
