Brief: Vail Resorts Reports Fiscal 2023 Second Quarter Results

Vail Resorts

09/03/2023 21:12

March 9 (Reuters) - Vail Resorts Inc  MTN.N :
    * VAIL RESORTS REPORTS FISCAL 2023 SECOND QUARTER RESULTS,
INCREASES QUARTERLY DIVIDEND AND SHARE REPURCHASE AUTHORIZATION,
AND PROVIDES UPDATED FISCAL 2023 GUIDANCE
    * Q2 EARNINGS PER SHARE $5.16
    * BOARD OF DIRECTORS APPROVED AN 8% INCREASE IN QUARTERLY
CASH
DIVIDEND TO $2.06 PER SHARE
    * INCREASED COMPANY'S AUTHORIZATION FOR SHARE REPURCHASES BY
2.5
MILLION SHARES TO APPROXIMATELY 3.5 MILLION SHARES
    * FOR FISCAL YEAR 2023 EXPECTING NET INCOME ATTRIBUTABLE TO
VAIL
RESORTS, INC. TO BE BETWEEN $282 MILLION AND $328 MILLION
    * FOR FISCAL YEAR 2023 EXPECTING RESORT REPORTED EBITDA TO
BE
BETWEEN $831 MILLION AND $859 MILLION
    * QTRLY DILUTED NET INCOME PER SHARE ATTRIBUTABLE TO VAIL
RESORTS,
INC WAS $ 5.16
    * Q2 EARNINGS PER SHARE VIEW $6.05 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nCNWQr05qa 
Further company coverage:  MTN.N 

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