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Stock Market & Financial Investment News

News Breaks
July 30, 2014
16:39 EDTDRIIDiamond Resorts reports Q2 revenue $209.01M, consensus $204.64M
Hospitality and Management Services revenue grew by $9.6M, or 22.6%, for Q2 compared to 2Q13. This growth was driven mainly by increased management fees as a result of the inclusion of the managed properties from the Island One and PMR Service Companies acquisitions, increased operating costs at the resort level which generated higher same-store management fee revenue and increased revenues from Club operations. Vacation Interest Sales, net grew by $19.6M, or 17.7%, for Q2 compared to the 2Q13. This growth was driven by a 4.7% increase in tours to 58,267 from 55,650;10.1% increase in transactions to 8,276 from 7,518; 10.6% increase in average transaction price to $17,713 from $16,012.
News For DRII From The Last 14 Days
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October 29, 2014
16:47 EDTDRIIDiamond Resorts raises 2014 pre-tax income outlook to $95M-$122.5M
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16:46 EDTDRIIDiamond Resorts reports Q3 EPS pre-tax income ex-items $49.8M
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16:30 EDTDRIIDiamond Resorts announces $100M stock buyback program
Diamond Resorts International announced that its board authorized a share repurchase program allowing for the expenditure of up to $100M for the repurchase of the company’s common stock.

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