Vail Resorts (MTN) Raises Quarterly Dividend 39.6% to $1.47; 2.7% Yield
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Vail Resorts (MTN) Reports Q2 EPS of $5.67, Beats on Revenues; Offers EBITDA Guidance
March 8, 2018 6:48 AM ESTNote: EPS may not be comparable
Vail Resorts (NYSE: MTN) reported Q2 EPS of $5.67, versus $3.58 reported last year. Revenue for the quarter came in at $734.58 million versus the consensus estimate of $714.96 million.
Highlights
Net income attributable to Vail Resorts, Inc. was $235.7 million for the second fiscal quarter of 2018, an increase of 58.0% compared to net income of $149.2 million for the second fiscal quarter of 2017. Fiscal 2018 second quarter net income included a one-time, net tax benefit of approximately $64.6 million... More