Vail Resorts (MTN) Misses Q1 EPS by 28c, Revenues Miss

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Vail Resorts Reports Fiscal 2021 First Quarter and Season Pass Results

December 10, 2020 4:05 PM EST

BROOMFIELD, Colo., Dec. 10, 2020 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the first quarter of fiscal 2021 ended October 31, 2020, which were negatively impacted by COVID-19 related limitations, restrictions and closures, and provided season pass sales results.

Highlights

Net loss attributable to Vail Resorts, Inc. was $153.8 million for the first fiscal quarter of 2021, a decrease of 44.4% compared to the first fiscal quarter of 2020, primarily as a result of the negative impacts of COVID-19. Resort Reported EBITDA loss was $94.8 million for the first... More