Intrawest Resorts Holdings Inc (SNOW) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $4.08 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $1.02. Analysts had a consensus of $3.06. The company posted revenue of $315.70 million in the period, compared to analysts expectations of $305.90 million. The company’s revenue was down -1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.85 EPS.
Intrawest Resorts Holdings Inc closed down -0.18 points or -2.14% at $8.23 with 56,702 shares getting traded on Wednesday. Post opening the session at $8.34, the shares hit an intraday low of $8.23 and an intraday high of $8.47 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Intrawest Resorts Holdings Inc. is a mountain resort adventure and real estate company. The Company operates through three segments: Mountain Adventure and Real Estate. The Mountain segment includes its mountain resort and lodging operations at Steamboat Winter Park Tremblant Stratton Snowshoe and Blue Mountain. The Adventure segment consists of Canadian Mountain Holidays (CMH) which provides helicopter accessed skiing mountaineering and hiking in British Columbia and its ancillary businesses that support CMH and provide commercial aviation services such as firefighting leasing and helicopter maintenance repair and overhaul services to third-parties. The Real Estate segment includes its real estate management marketing and sales businesses as well as its real estate development activities. The Real Estate segment includes Intrawest Resort Club Group Intrawest Hospitality Management Playground as well as Mammoth Hospitality Management L.L.C. and Chateau M.T. Inc.