MTN - These Analysts Slash Their Forecasts On Vail Resorts After Weak Q3 Results | Benzinga
Vail Resorts, Inc. (NYSE:MTN) reported weaker-than-expected results for its third quarter on Thursday.
The company posted quarterly earnings of $9.54 per share, missing market estimates of $10.03 per share. The company's sales came in at $1.28 billion versus expectations of $1.30 billion, according to data from Benzinga Pro.
Vail Resorts cut its forward guidance for full-year 2024. The company now expects Resort Reported EBITDA to be between $833 million and $851 million. The company expects net income attributable to Vail Resorts to be between $224 million and $256 million.
"The reduction relative ...