MTN - Why Are Vail Resorts Shares Down 12.2% Friday | Benzinga
Vail Resorts, Inc. (NYSE:MTN) shares are trading lower Friday afternoon after the company reported weaker-than-expected third-quarter financial results and revised its full-year 2024 guidance downward.
What To Know: 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, below the expected $1.30 billion.
As a result of disappointing spring visitation and lowered expectations for its Australian resorts, Vail Resorts reduced its forward guidance for ...