Vail Resorts (NYSE: MTN) reported Q3 EPS of $4.40, may not compare to the analyst estimate of $4.86. Revenue for the quarter came in at $794.6 million versus the consensus estimate of $801.56 million.

Outlook

• Fiscal 2017 Resort Reported EBITDA is expected to be between $591 million and $600 million, which includes approximately $10.0 million of Whistler Blackcomb transaction and integration expenses, approximately $2.2 million of Stowe transaction and integration expenses, and $3.5 million of expected Stowe operating losses related to the period between closing and the end of the fiscal year. Excluding the expected Stowe operating losses and Stowe transaction and integration expenses, we expect our Resort Reported EBITDA to be between $597 million and $606 million for fiscal 2017. Resort EBITDA Margin (defined as Resort Reported EBITDA divided by Resort net revenue) is expected to be approximately 31.4% in fiscal 2017, at the midpoint of our guidance range.
• Fiscal 2017 Real Estate Reported EBITDA is now expected to be between negative $2 million and $0 million, including the $4.3 million contribution to the Town of Vail parking garage.
• Net income attributable to Vail Resorts, Inc. is expected to be between $183 million and $201 million in fiscal 2017.

For earnings history and earnings-related data on Vail Resorts (MTN) click here.