Vail Resorts (MTN) Reports Q2 Miss, Provides Guidance
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Vail Resorts (MTN) Raises Quarterly Dividend 117% to $1.91; 3.2% Yield
March 14, 2022 4:08 PM EDTVail Resorts (NYSE: MTN) declared a quarterly dividend of $1.91 per share, or $7.64 annualized. This is a 117% increase from the prior dividend of $0.88.
The dividend will be payable on April 14, 2022, to stockholders of record on March 30, 2022, with an ex-dividend date of March 29,... More
Vail Resorts (MTN) Misses Q2 EPS by 23c
March 14, 2022 4:06 PM EDTVail Resorts (NYSE: MTN) reported Q2 EPS of $5.47, $0.23 worse than the analyst estimate of $5.70. Revenue for the quarter came in at $906.5 million versus the consensus estimate of $960.24 million.
Outlook:
Commenting on fiscal 2022 guidance, Lynch said, "Despite the challenging start to the season through the holidays, we have increased the midpoint of our Resort Reported EBITDA guidance as compared to our original guidance, demonstrating the resilience of our business model and the benefits of our advance commitment strategy. The update to... More
