Vail Resorts (MTN) Misses Q1 EPS by 20c

Vail Resorts (NYSE: MTN) reported Q1 EPS of ($2.66), $0.20 worse than the analyst estimate of ($2.46). Revenue for the quarter came in at $220 million versus the consensus estimate of $234.47 million.

Outlook

Commenting on fiscal 2019 guidance, Katz continued, "Given our first quarter results and the indicators we are seeing for the upcoming season, we are reiterating our Resort Reported EBITDA guidance for fiscal 2019 that was included in our September earnings release, based on the assumptions incorporated at that time, including foreign currency exchange rates. That said, the North American ski season has just begun, with our primary earnings period still in front of us."

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

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