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Vail Resorts Takes the Chairlift to the Top Following Earnings Beat
Vail Resorts' busy season comes in better than analysts were expecting.
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Vail reported net income of $206.3 million, or $5.02 per share, on revenue of $850 million. Wall Street was expecting the company to report earnings of $4.83 per share on revenue of $842 million.
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The company reported a 17.2% increase in lift revenue which was fueled by a 27% increase in skier visitation. Lodging revenue rose 16.1% year over year.
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Vail also announced that it was raising its quarterly dividend by 20% to $1.76 per share, payable April 11, to shareholders of record on March 27.
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https://www.thestreet.com/investing/earn...yptr=yahoo
![[Bild: MTNc1dl0803.png]](https://finviz.com/publish/030919/MTNc1dl0803.png)
Vail Resorts' busy season comes in better than analysts were expecting.
...
Vail reported net income of $206.3 million, or $5.02 per share, on revenue of $850 million. Wall Street was expecting the company to report earnings of $4.83 per share on revenue of $842 million.
...
The company reported a 17.2% increase in lift revenue which was fueled by a 27% increase in skier visitation. Lodging revenue rose 16.1% year over year.
...
Vail also announced that it was raising its quarterly dividend by 20% to $1.76 per share, payable April 11, to shareholders of record on March 27.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
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