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BRIEF-Vail Resorts Q1 Loss Per Share $2.66

Published 2018-12-07, 06:55 a/m
Updated 2018-12-07, 07:00 a/m
BRIEF-Vail Resorts Q1 Loss Per Share $2.66

BRIEF-Vail Resorts Q1 Loss Per Share $2.66

Vail Resorts Inc MTN.N :

* VAIL RESORTS REPORTS FISCAL 2019 FIRST QUARTER RESULTS AND SEASON PASS RESULTS

* Q1 LOSS PER SHARE $2.66

* Q1 REVENUE $220 MILLION VERSUS REFINITIV IBES ESTIMATE OF $234.5 MILLION

* Q1 EARNINGS PER SHARE ESTIMATE $-2.46 -- REFINITIV IBES DATA

* SETS QUARTERLY CASH DIVIDEND OF $1.47PER SHARE

* REAFFIRMED ITS GUIDANCE FOR FISCAL 2019.

* FY2019 EARNINGS PER SHARE VIEW $7.79, REVENUE VIEW $2.32 BILLION -- REFINITIV IBES DATA

* SEASON PASS SALES THROUGH DECEMBER 2, 2018 FOR UPCOMING 2018/2019 NORTH AMERICAN SKI SEASON INCREASED APPROXIMATELY 21% IN UNITS

* REMAIN IN DISCUSSIONS WITH DEVELOPERS ON A NUMBER OF POTENTIAL LAND SALES AT BASE OF RESORTS

* LODGING BOOKINGS FOR SEASON AHEAD ARE TRENDING IN-LINE WITH PRIOR YEAR BOOKINGS

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