U.S. Markets close in 3 hrs 9 mins

Bluegreen Vacations: 1Q Earnings Snapshot

BOCA RATON, Fla. (AP) _ Bluegreen Vacations Corp. (BXG) on Monday reported first-quarter net income of $15.2 million.

On a per-share basis, the Boca Raton, Florida-based company said it had net income of 20 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The timeshare developer and operator posted revenue of $168.8 million in the period.

Bluegreen Vacations shares have risen 19% since the beginning of the year. In the final minutes of trading on Monday, shares hit $15.36, a decline of 27% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BXG at https://www.zacks.com/ap/BXG