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Stock impact report

Why Is Vail Resorts (MTN) Stock Soaring Today [Yahoo! Finance]

Vail Resorts, Inc. (MTN) 
Last vail resorts, inc. earnings: 3/9 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The ski resort operator's revenue of $271.0 million and its loss of $5.20 per share both came in slightly below Wall Street's expectations for the seasonally slow quarter. More importantly for investors, the company maintained its outlook for the full fiscal year, projecting net income between $201 million and $276 million. Vail Resorts also signaled confidence by declaring a quarterly cash dividend of $2.22 per share and noted it had repurchased approximately $25 million worth of its shares. While the company noted that North American season pass sales units were down about 2%, the revenue from those sales increased by 3%, helped by a price increase, showing resilient pricing power. Is now the time to buy Vail Resorts? Access our full analysis report here Vail Resorts's shares are not very volatile and have only had 7 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something tha Show less Read more
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