Peak Resorts (SKIS) Misses Q1 EPS by 1c
Peak Resorts (NASDAQ: SKIS) reported Q1 EPS of ($0.51), $0.01 worse than the analyst estimate of ($0.50). Revenue for the quarter came in at $5.4 million versus the consensus estimate of $6 million.
- Reported EBITDA* for the first quarter was a loss of $6.5 million, level with last year's first quarter and in line with management's expectations.
- Mount Snow EB-5 project reached targeted $52 million subscription level in August and construction continues at site.
- Columbus Day Weekend is next deadline for 2015/2016 season pass sales; management anticipates continued strong demand for season pass products.
For earnings history and earnings-related data on Peak Resorts (SKIS) click here.