Vail Resorts (MTN) Tops Q3 EPS by 3c; Boosts FY16 Outlook
Vail Resorts (NYSE: MTN) reported Q3 EPS of $4.23, $0.03 better than the analyst estimate of $4.20. Revenue for the quarter came in at $647.47 million versus the consensus estimate of $652.63 million.
Season pass sales for the 2016/2017 U.S. ski season were up approximately 29% in units and approximately 34% in sales dollars through May 31, 2016 compared with the prior year period ended June 2, 2015.
The Company increased its fiscal 2016 guidance range and is now expecting Resort Reported EBITDA to be between $448 million and $454 million.
For earnings history and earnings-related data on Vail Resorts (MTN) click here.