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