Shares of Marriott Vacations Worldwide (VAC) surged 8.13% in after-hours trading on Wednesday, following the release of its first-quarter 2025 financial results that exceeded analyst expectations and a reaffirmation of its positive full-year outlook.

The vacation ownership company reported adjusted earnings per share (EPS) of $1.66 for Q1, significantly surpassing the analyst consensus estimate of $1.49 by 11.41%. While this represents a 7.78% decrease from the $1.80 per share reported in the same period last year, the better-than-expected performance likely contributed to investor enthusiasm. Quarterly sales came in at $1.20 billion, showing a modest 0.42% increase year-over-year, despite slightly missing the analyst estimate of $1.21 billion.

Adding to the positive sentiment, Marriott Vacations Worldwide reiterated its full-year outlook, projecting adjusted EBITDA in the range of $750-780 million and adjusted EPS between $6.40 and $7.10. The company also provided guidance for adjusted free cash flow, estimating it to be between $270-330 million for the fiscal year 2025. These forward-looking statements suggest management's confidence in the company's financial performance for the remainder of the year, which appears to have resonated well with investors and contributed to the stock's significant after-hours gain.