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Park City CEO Bill Malone said the resort hedges against warmer weather through season pass sales, largely bought by international travelers from Australia and Mexico.
MKM Partners increased its price target on Vail Resorts (MTN) stock this morning after the company reiterated its 2017 full-year guidance on Friday.
Vail Resorts reported a net loss that was wider than expected, but reiterated its full year EBITDA guidance.
The Dow Jones Industrial Average roared to new records on Friday and ended with weekly gains for the fifth time in a row.
Stocks are on track to close at fresh records on Friday as the health care sector makes a comeback after a bruising week.
Whistler Blackcomb, acquired by Vail Resorts (MTN) in October, is expected to improve international sales thanks to an influx of Australian skiers to British Columbia and a weaker Canadian dollar.
U.S. stocks moved higher, putting indexes on pace to close at records again.
Vail Resorts reported 2017 first-quarter results that fell below expectations, but it reiterated its full-year guidance, which analysts were fearful would be lowered.
Stocks move higher on Friday, trading at records, as the health care sector makes a comeback after a bruising week.
Stock futures move slightly higher on Friday, setting Wall Street to open at record highs after Thursday's session continued the markets' winning streak.
U.S. stock futures trade mixed following record closing highs for the Dow, S&P 500 and Nasdaq. Shares in South Korea slip as lawmakers vote to impeach President Park Geun-hye.
On Friday, December 9, investors await economic data and quarterly results from Vail Resorts.
Vail Resorts (MTN) reports 2017 Q1 earnings Friday morning and Credit Suisse analyst Ben Chaiken says investors will look at full-year guidance and details about its Whistler Blackcomb acquisition.
Wall Street is looking at a quieter coming week with just a trickle of economic data to analyze before the Federal Reserve meeting on Dec. 13-14.
- Property to undergo significant renovations before rebranding in summer 2017
Here are Thursday's top research calls, including upgrades for American Express, Expedia, Kinder Morgan and Vail Resorts, and a downgrade for AMC Networks.
- Vail Resorts announces that all 2016-17 Epic Pass and Epic Local Pass holders will receive five complimentary days at Whistler Blackcomb for this winter
Exchangeable Share Election Deadline set for October 12, 2016
These stocks boast both growing dividend income and promising technical charts.
A blockbuster week gives way to a quieter one, but the focus will be the same -- the Federal Reserve and interest rates
The market is fearful. Use that fear to buy, Cramer says.