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.

Guidance:

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.

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