Vail Resorts, Inc. (MTN - Free Report) reported second-quarter fiscal 2020 results, with earnings and revenues missing the Zacks Consensus Estimate. Following the results, shares of the company fell 12.9% in after-hours trading on Mar 9. The decline was primarily caused by investors’ negative sentiments regarding the uncertainty of the coronavirus impact and dismal results.
In the quarter under review, the company reported earnings of $5.07 per share that missed the Zacks Consensus Estimate of $5.44 per share. In the year-ago quarter, Vail Resorts reported adjusted earnings of $5.02 per share.
Quarterly revenues came in at $924.6 million, which missed the consensus mark of $954.1 million. However, the metric increased 8.8% on a year-over-year basis. The upside can be attributed to solid performance in the Mountain segment and Lodging segment.
Vail Resorts, Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Vail Resorts, Inc. (MTN - Free Report) reported second-quarter fiscal 2020 results, with earnings and revenues missing the Zacks Consensus Estimate. Following the results, shares of the company fell 12.9% in after-hours trading on Mar 9. The decline was primarily caused by investors’ negative sentiments regarding the uncertainty of the coronavirus impact and dismal results.
In the quarter under review, the company reported earnings of $5.07 per share that missed the Zacks Consensus Estimate of $5.44 per share. In the year-ago quarter, Vail Resorts reported adjusted earnings of $5.02 per share.
Quarterly revenues came in at $924.6 million, which missed the consensus mark of $954.1 million. However, the metric increased 8.8% on a year-over-year basis. The upside can be attributed to solid performance in the Mountain segment and Lodging segment.
Vail Resorts, Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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