Vail Resorts, Inc. (NYSE:MTN) reported weaker-than-expected results for its third quarter on Thursday.
Vail Resorts posted quarterly earnings of $8.18 per share, missing analysts’ estimates of $8.84 per share. The company’s quarterly sales came in at $1.24 billion versus expectations of $1.27 billion.
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Vail Resorts said it sees FY23 net income of $251 million to $283 million.
Vail Resorts shares fell 5.5% to trade at $243.93 on Friday.
These analysts made changes to their price targets on Vail Resorts following earnings announcement.
- Credit Suisse lowered the price target on Vail Resorts from $333 to $321. Credit Suisse analyst Benjamin Chaiken maintained an Outperform rating.
- Truist Securities increased the price target on Vail Resorts from $262 to $263. Truist Securities analyst Patrick Maurice maintained a Hold rating.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.