Vail Resorts Expects Q1 Net Loss Attributable Of $(191)M-$(168)M; Forecasts FY24 Net Income Attributable Of $316M-$394M
Portfolio Pulse from Benzinga Newsdesk
Vail Resorts anticipates a net loss of between $191M and $168M for Q1. However, the company forecasts a net income of $316M-$394M for FY24.
September 28, 2023 | 8:11 pm
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Vail Resorts (MTN) expects a Q1 net loss of $191M-$168M, but forecasts a net income of $316M-$394M for FY24.
The news directly pertains to Vail Resorts (MTN) and its financial performance. The expected Q1 net loss might negatively impact the stock in the short term. However, the forecasted net income for FY24 could offset this impact, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100