Peak Resorts (SKIS) Tops Q1 EPS by 3c; Sees Strong Upcoming Season Pass Results

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Oppenheimer Reiterates Outperform on Peak Resorts (SKIS) Following 1Q Results

September 9, 2016 10:05 AM EDT

Oppenheimer reiterated an Outperform rating and $7.00 price target on Peak Resorts (NASDAQ: SKIS) following the company's 1Q earnings report. SKIS reported first-quarter revenues at $7.1M, vs. $9.3M estimates. EBITDA in 1Q17 was ($6.9M), relatively in line with ($6.5M) in 1Q16 and estimates of ($6.1M).... More