Vail Resorts Reports Fiscal 2016 Third Quarter Results and Early Season Pass Sales Results

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MKM Partners Raises Price Target on Vail Resorts (MTN) as Season Pass Sales Show Window to FY17

June 10, 2016 10:55 AM EDT

MKM Partners reiterated a Buy rating on Vail Resorts (NYSE: MTN), and raised the price target to $150.00 (from $147.00), following the company's 3Q earnings report. MTN's strong results were highlighted with robust season pass sales that provided visibility to FY17. Season pass sales and walk-ups each represent 50% of total visitation. Season pass sales were... More

Vail Resorts (MTN): Another Impressive Quarter - Janney Montgomery Scott

June 10, 2016 6:15 AM EDT

Vail Resorts (NYSE: MTN) reported FY3Q16 revenue of $648M and adjusted EBITDA of $307M. This compared to expectations for $651M and $300M. The results were driven by season pass sales, good conditions, the compelling guest experience, and the new Park City. Management... More

Vail Resorts (MTN) Tops Q3 EPS by 3c; Boosts FY16 Outlook

June 9, 2016 6:46 AM EDT

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%... More