Vail Resorts (MTN) Tops Q1 EPS by 12c; Reaffirms Outlook

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Vail Resorts Reports Fiscal 2016 First Quarter Results and Early Ski Season Indicators

December 7, 2015 6:45 AM EST

BROOMFIELD, Colo., Dec. 7, 2015 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the first quarter of fiscal 2016 ended October 31, 2015, as well as certain early ski season indicators.

Highlights

Resort Reported EBITDA loss was $46.5 million for the first fiscal quarter of 2016 including results from Perisher. This compares to a loss of $70.5 million in the same period in the prior year, excluding the $16.4 million non-cash gain on the Park City litigation settlement. Net loss attributable to Vail Resorts, Inc. was $59.6... More