Insider Trading Tue 6/11/24

Notable purchases -- CEO adds to MXCT; notable sales -- CRO active in JPM

Buyers:

• AUB Director bought 14,467 shares at $30.85 - $31.71 worth approx. $454K.

• DSGR Director bought 4,000 shares at $30.24 worth about $121K.

• HWKN Director bought 3,300 shares at $86.50 - $88.43 worth ~$289K.

• FCPT President / Chief Executive Officer bought 6,230 shares at $24.05 worth ~$150K.

• MTN EVP & Chief Financial Officer bought 575 shares at $176.20 worth more than $100K.

• MXCT President / Chief Executive Officer bought 100,000 shares at $4.77 - $5.00 worth ~$489K.

• OEC Chief Financial Officer bought 5,000 shares at $23.68 worth ~$118K.

• SAIC Chief Financial Officer bought 2,000 shares at $114.85 worth ~$230K.

• SHEN President / Chief Executive Officer and SVP Finance / Chief Financial Officer bought 18,187 shares combined at $15.79 - $17.00 worth ~$297K.

• SNOW Director bought 76,200 shares at $130.83 - $131.50 worth ~$10 mln.

• TTSH 10% owner bought 109,194 shares at $6.55 - $6.75 worth ~$720K.

• VFC President / Chief Executive Officer bought 75,200 shares at $13.20 - $13.30 worth nearly $1 mln.

Sellers:

• JPM Chief Risk Officer sold 5,086 shares at $199.5393 worth approx. $1.0 mln.

• PSA Chief Legal Officer sold 400 shares at $274.285 worth ~$110K.

Vail Resorts (MTN) reported earnings on Thur 7 June 2018 (b/o)

** charts after earnings **

 

Vail Resorts beats by $0.07, beats on revs; updates outlook 

• Reports Q3 (Apr) earnings of $6.17 per share, $0.07 better than the Capital IQ Consensus of $6.10; revenues rose 6.3% year/year to $844.5 mln vs the $823.83 mln Capital IQ Consensus.
• Outlook
  • Net income attributable to Vail Resorts, Inc. is expected to be between $360 million and $381 million in fiscal 2018.
  • Resort Reported EBITDA is expected to be between $612 million and $622 million for fiscal 2018, which is predicated on current Canadian and Australian foreign exchange rates and includes an estimated $7.0 million of acquisition and integration related expenses specific to Triple Peaks and Stevens Pass and an estimated $3.2 million of integration related expenses specific to Whistler Blackcomb and Stowe. The updated outlook for fiscal year 2018 does not include any estimate for the closing costs, including transfer taxes, or operating results of the Triple Peaks and Stevens Pass acquisitions as the transactions remain subject to closing, which is expected to occur this summer.
  • Resort EBITDA Margin is expected to be approximately 30.7% in fiscal 2018, at the midpoint of our guidance range.

Vail Resorts (MTN) reported earnings on Fri 10 March 2017 (b/o)

** charts after earnings **

 

• Vail Resorts beats Street 2Q forecasts

BROOMFIELD, Colo. (AP) _ Vail Resorts Inc. (MTN) on Friday reported fiscal second-quarter net income of $149.2 million.

The Broomfield, Colorado-based company said it had profit of $3.63 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.45 per share.

The ski resort operator posted revenue of $725.2 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $709.3 million.

Vail Resorts shares have increased 12 percent since the beginning of the year. The stock has increased 36 percent in the last 12 months.

Vail Resorts (MTN) reported earnings Thur 9 June 2016 (b/o)

** charts after earnings **

 

Vail Resorts beats by $0.07, reports revs in-line; raises FY16 EBITDA/net income guidance; US season pass sales for the winter +34% :

• Reports Q3 (Apr) earnings of $4.23 per share, $0.07 better than the Capital IQ Consensus of $4.16; revenues rose 11.8% year/year to $647.5 mln vs the $652.41 mln Capital IQ Consensus. 
• Resort Reported EBITDA was $306.6 million for the third quarter of fiscal 2016, an increase of 14.7% compared to the same period in the prior year, including $3.5 million of Lodging Reported EBITDA associated with the termination of the Company's management agreement with respect to the Half Moon Resort in Jamaica.
• Total lift revenue for the third quarter of fiscal 2016 increased 17.4%, while total skier visits increased 13.9% compared to the same period in the prior year.
• Outlook
  • We have updated our estimated range of Resort Reported EBITDA for fiscal 2016 to $448-454 mln (up from high end of $430-445 mln). We expect Resort EBITDA Margin to be ~28.6% in fiscal 2016, at the midpoint of our updated guidance range. This is an estimated 300 basis point increase over fiscal 2015, excluding the non-cash gain on the Park City litigation settlement and Perisher EBITDA in the prior year. Our fiscal 2016 Real Estate Reported EBITDA guidance has been updated and is now expected to range from break-even to positive $4 million. Our Net Real Estate Cash Flow guidance is unchanged and is expected to be $13 million to $28 million.
  • Raises net income to $146-159 mln from $132-152 mln.
• "We are thrilled with the results for our season pass sales to date. Pass sales through May 31, 2016 for the upcoming 2016/2017 U.S. ski season increased approximately 29% in units and ~34% in sales dollars, as compared to the prior year period through June 2, 2015. This compares to the growth we reported from our spring 2015 sales of 12% in units and 20% in sales dollars, which at the time were record results. The season pass results this spring represent our strongest absolute and percentage growth ever in our spring selling season.."

Vail Resorts (MTN) reported earnings Mon 7 Dec 2015 (b/o)

 ** charts after earnings **