Vail Resorts Q1 EPS $(4.60) Misses $(4.52) Estimate, Sales $258.56M Miss $271.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vail Resorts (NYSE:MTN) reported a Q1 EPS loss of $(4.60), missing the $(4.52) estimate, and sales of $258.56M, falling short of the $271.01M estimate. This represents a 35.29% increase in losses and a 7.47% decrease in sales compared to the same period last year.
December 07, 2023 | 9:30 pm
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NEGATIVE IMPACT
Vail Resorts reported a larger EPS loss and lower sales than expected for Q1, indicating a negative performance compared to last year.
The missed EPS and sales estimates are likely to negatively impact investor sentiment and could lead to a short-term decline in MTN's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100