4981115 said its normalized net income for the fiscal fourth quarter ended Jan. 1 was $1.02 per share, compared with the S&P Capital IQ consensus estimate of 92 cents per share.
EPS increased 39.0% year over year from 73 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $31.8 million, an increase of 30.3% from $24.4 million in the year-earlier period.
The normalized profit margin climbed to 9.8% from 6.8% in the year-earlier period.
Total revenue grew 8.5% on an annual basis to $387.3 million from $357.0 million, and total operating expenses rose year over year to $325.1 million from $313.8 million.
Reported net income grew year over year to $33.4 million, or $1.07 per share, from $532,470, or 2 cents per share.
For the year, the company's normalized net income totaled $3.85 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $3.50.
EPS rose 26.1% from $3.05 in the prior year.
Normalized net income was $123.9 million, a rise of 17.1% from $105.8 million in the prior year.
Full-year total revenue rose 9.3% on an annual basis to $1.30 billion from $1.19 billion, and total operating expenses grew 7.1% year over year to $1.08 billion from $1.01 billion.
he company said reported net income grew 52.3% year over year to $122.9 million, or $3.82 per share, in the full year, from $80.7 million, or $2.33 per share.Marriott Vacations Worldwide Corp.
4981115 said its normalized net income for the fiscal fourth quarter ended Jan. 1 was $1.02 per share, compared with the S&P Capital IQ consensus estimate of 92 cents per share.