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Vail posts $153.8M loss, expects significant changes to peak ski season – BizWest - Vimarsana News

Vail posts $153.8M loss, expects significant changes to peak ski season – BizWest

BROOMFIELD — Ski resort operator Vail Resorts Management Co. (NYSE: MTN) is continuing to post losses well into the nine figures as the pandemic and its related closures continue to keep skiers off the mountains. The Broomfield company posted revenues of $131.8 million in the previous quarter and an adjusted loss of $3.82 per share, missing Wall Street consensus estimates by $26.67 million and 29 cents per respectively, according to data from finance site Seeking Alpha. It posted an overall net loss of $153.8 million in the period, compared with a loss of $106,475 for the same time in 2019,...

Vail Resorts posts wider Q1 loss as sales fall - Vimarsana News

Vail Resorts posts wider Q1 loss as sales fall

Vail Resorts posts wider Q1 loss as sales fall Published: Dec. 10, 2020 at 4:49 p.m. ET By Resize icon Vail Resorts Inc. said losses widened in the fiscal first quarter as sales fell due to Covid-19 related limitations, restrictions and closures primarily from its North American mountain resorts during the period. The operator of mountain resorts and ski areas recorded a loss of $153.7 million, or $3.82 a share, for the quarter ended Oct. 31, compared with a loss of $106.5 million, or $2.64 a share, a year earlier. Analysts expected a loss of $3.71 a share, according to a FactSe...

Vail Resorts Stock Is Falling Despite Strong Season Pass Sales. Here's Why. - Vimarsana News

Vail Resorts Stock Is Falling Despite Strong Season Pass Sales. Here's Why.

The publicly traded mountain resort firm reported a net loss of $153.8 million, or $3.82 a share, during its fiscal first quarter ended Oct. 31.