Vail Resorts (MTN) just reported its quarterly earnings and Mad Money host Jim Cramer made a detailed analysis of the stock and provided his opinion on if its worth adding to your portfolio.
“I think Vail Resorts has potential here, even if I’m not willing to pound the table on this one. If you want to bet on a comeback, I think you put on a small position now, in recognition of just how cheap the stock’s gotten but I’d like to see more of a turn in the business before truly sticking my neck out for Vail.” -Jim Cramer
Earnings per share (EPS) were reported at $10.54 surpassing the forecasted $10.17 and venue was $1.3 billion which is slightly below the expected $1.31 billion. Following the announcement, the stock rose by 0.64% in after-hours trading.
Read the full report from Vail Resorts here.
