Vail Resorts Reports Fiscal 2019 Fourth Quarter and Full Year Results and Provides Fiscal 2020 Outlook
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Vail Resorts (MTN) Tops Q4 EPS by 31c, Revenues Beat; Provides FY20 EBITDA Outlook
September 26, 2019 4:04 PM EDTVail Resorts (NYSE: MTN) reported Q4 EPS of ($2.22), $0.31 better than the analyst estimate of ($2.53). Revenue for the quarter came in at $301.2 million versus the consensus estimate of $240.09 million.
Commenting on the Company's fiscal 2019 results, Rob Katz, Chief Executive Officer, said, "We are pleased with our overall results for the year, with strong growth in visitation and spending compared to the prior year, including a strong finish to the season with good conditions across our U.S. resorts throughout the year. After the challenging early season period for destination visitation, our... More
