Vail ResortsMTN stock rose by 7.37% on Friday after the company reported its Q4 earnings results on Thursday, September 23, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Vail Resorts beat their estimated earnings by 1.13%, which did not surprise analysts.
Revenue was up $126,993,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25, which was followed by a 2.37% drop in the share price the next day.
Here's a look at Vail Resorts's past performance and the resulting price change:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|---|
EPS Estimate | -3.53 | 6.47 | 2.26 | -3.54 | -3.43 |
EPS Actual | -3.49 | 6.72 | 3.62 | -3.82 | -3.82 |
Price Change % | 7.37% | -2.37% | 3.12% | -4.62% | 0.46% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Vail sees FY22 net income of $278M-$349M and EBITDA of $785M-$835M.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
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