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Vail Resorts (NYSE:MTN) shares fell more than 12% after its fiscal third quarter results took a hit from unfavorable conditions across its North American resorts for much of the 2023/24 ski season. The company highlighted that the winter season included “significant” weather-related challenges, with approximately 28% less snowfall for the season across its Western North American resorts and limited natural snow and variable temperatures at its Eastern US resorts.
Vail Resorts, Inc. (NYSE:MTN ) Q3 2024 Earnings Conference Call June 6, 2024 5:00 PM ET Company Participants Kirsten Lynch - CEO Angela Korch - CFO Conference Call Participants Shaun Kelley - Bank of America Jeff Stantial - Stifel Ben Chaiken - Mizuho Laurent Vasilescu - BNP Paribas Megan Alexander - Morgan Stanley Patrick Scholes - Truist David Katz - Jefferies Chris Woronka - Deutsche Bank Brandt Montour - Barclays Operator Good afternoon and welcome to the Vail Resorts Fiscal Third Quarter 2024 Earnings Call. Today's conference is being recorded.
While the top- and bottom-line numbers for Vail Resorts (MTN) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Shares of Vail Resorts Inc. dropped in extended trading Thursday after the ski-resort operator cut its full-year profit outlook and offered up figures that pointed to slowing demand for the key upcoming ski season.
Vail Resorts (MTN) came out with quarterly earnings of $9.54 per share, missing the Zacks Consensus Estimate of $9.94 per share. This compares to earnings of $8.18 per share a year ago.
The ski-resort operator also lowered its full-year guidance.
BROOMFIELD, Colo. , June 6, 2024 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the third quarter of fiscal 2024 ended April 30, 2024, reported early season pass sales, updated fiscal 2024 guidance, and announced share repurchases completed during the quarter.
Get a deeper insight into the potential performance of Vail Resorts (MTN) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
MONTRÉAL, May 16, 2024 /PRNewswire/ - Bell Canada (Bell) today announced the filing of a prospectus supplement to a short form base shelf prospectus dated May 9, 2024 with the various securities regulatory authorities in all provinces of Canada to renew Bell's MTN program. The MTN program will enable Bell to offer MTN Debentures from time to time until June 9, 2026.
BROOMFIELD, Colo. , May 15, 2024 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) announced today it will release the Company's financial results for its fiscal third quarter 2024 ended April 30, 2024 after market close on Thursday, June 6, 2024.