Equities analysts expect Intrawest Resorts Holdings, Inc. (NYSE:SNOW) to announce ($1.29) earnings per share for the current quarter, according to Zacks. Zero analysts have made estimates for Intrawest Resorts Holdings’ earnings. Intrawest Resorts Holdings reported earnings per share of ($1.49) in the same quarter last year, which would indicate a positive year-over-year growth rate of 13.4%. The company is scheduled to issue its next quarterly earnings results on Thursday, September 14th.

According to Zacks, analysts expect that Intrawest Resorts Holdings will report full-year earnings of $0.94 per share for the current fiscal year. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.33 per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for Intrawest Resorts Holdings.

Intrawest Resorts Holdings (NYSE:SNOW) last announced its quarterly earnings results on Thursday, May 4th. The company reported $3.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.74 by $0.06. Intrawest Resorts Holdings had a net margin of 5.64% and a return on equity of 13.38%. The firm had revenue of $334.89 million during the quarter, compared to the consensus estimate of $321.24 million. During the same period last year, the firm posted $4.08 EPS. The firm’s quarterly revenue was up 6.1% on a year-over-year basis.

A number of equities research analysts have recently weighed in on SNOW shares. BidaskClub downgraded shares of Intrawest Resorts Holdings from a “buy” rating to a “hold” rating in a research note on Sunday. Zacks Investment Research downgraded shares of Intrawest Resorts Holdings from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 6th. Finally, Macquarie downgraded shares of Intrawest Resorts Holdings from an “outperform” rating to a “neutral” rating in a research note on Monday, April 10th.

TRADEMARK VIOLATION WARNING: “Intrawest Resorts Holdings, Inc. (SNOW) Expected to Post Earnings of -$1.29 Per Share” was first reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/07/20/intrawest-resorts-holdings-inc-snow-expected-to-post-earnings-of-1-29-per-share.html.

Shares of Intrawest Resorts Holdings (SNOW) remained flat at $23.71 during trading on Thursday. The stock had a trading volume of 126,011 shares. Intrawest Resorts Holdings has a 52 week low of $13.70 and a 52 week high of $25.78. The company has a 50-day moving average price of $23.67 and a 200-day moving average price of $22.98. The stock has a market cap of $944.18 million, a PE ratio of 28.26 and a beta of 1.09.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. acquired a new position in shares of Intrawest Resorts Holdings during the fourth quarter worth about $1,062,000. State Street Corp raised its position in shares of Intrawest Resorts Holdings by 3.1% in the fourth quarter. State Street Corp now owns 323,725 shares of the company’s stock worth $5,781,000 after buying an additional 9,624 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Intrawest Resorts Holdings by 6.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 672,115 shares of the company’s stock worth $11,998,000 after buying an additional 41,222 shares during the period. AQR Capital Management LLC raised its position in shares of Intrawest Resorts Holdings by 241.0% in the fourth quarter. AQR Capital Management LLC now owns 34,515 shares of the company’s stock worth $616,000 after buying an additional 24,394 shares during the period. Finally, Teachers Advisors LLC raised its position in shares of Intrawest Resorts Holdings by 43.9% in the fourth quarter. Teachers Advisors LLC now owns 57,444 shares of the company’s stock worth $1,025,000 after buying an additional 17,523 shares during the period. Institutional investors and hedge funds own 97.20% of the company’s stock.

About Intrawest Resorts Holdings

Intrawest Resorts Holdings, Inc is a mountain resort, adventure and real estate company. The Company operates through three segments: Mountain, Adventure and Real Estate. Its Mountain segment includes its mountain resort and lodging operations at Steamboat Ski & Resort (Steamboat) and Winter Park Resort (Winter Park); Stratton Mountain Resort (Stratton); Snowshoe Mountain Resort (Snowshoe); Mont Tremblant Resort (Tremblant), and Blue Mountain Ski Resort (Blue Mountain).

Get a free copy of the Zacks research report on Intrawest Resorts Holdings (SNOW)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Intrawest Resorts Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intrawest Resorts Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.