Vail Resorts Reports Fiscal 2016 Fourth Quarter and Full Year Results and Provides Fiscal 2017 Outlook
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Vail Resorts (MTN) Misses Q4 EPS by 13c
September 26, 2016 6:49 AM EDTVail Resorts (NYSE: MTN) reported Q4 EPS of ($1.80), $0.13 worse than the analyst estimate of ($1.67). Revenue for the quarter came in at $179.88 million versus the consensus estimate of $171.36 million.
On season pass sales, the company said, We are extremely pleased with our season pass sales to date. Through September 18, 2016, U.S. ski season pass sales increased approximately 24% in units and 29% in sales dollars, compared to the prior year period ended September 20, 2015. Our growth continues to be driven by our increasingly sophisticated and targeted marketing efforts to move destination guests into our season pass... More
