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Bluegreen Vacations: 4Q Earnings Snapshot

BOCA RATON, Fla. (AP) _ Bluegreen Vacations Corp. (BXG) on Monday reported fourth-quarter profit of $10.6 million.

The Boca Raton, Florida-based company said it had net income of 14 cents per share. Earnings, adjusted for non-recurring costs and severance costs, were 25 cents per share.

The timeshare developer and operator posted revenue of $183.9 million in the period.

For the year, the company reported profit of $34.9 million, or 47 cents per share. Revenue was reported as $740.2 million.

Bluegreen Vacations shares have declined 39% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.29, a decrease of 60% 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