By Yasin Ebrahim
Invesing.com - Vail Resorts raised its outlook on profitability Monday after reporting fiscal-second results that missed expectations on both the top and bottom lines.
Vail Resorts (NYSE:MTN) fell 0.6% in afterhours trading following the report.
The company reported second quarter EPS of $5.47 per diluted share, up from $3.62 a year earlier, but that fell short of analysts' estimates of $5.75.
Revenue rose to $906.5 million from $684.6 million a year earlier, but also missed Wall Street estimates of $960.22 million.
Looking ahead, the company forecast EBITDA in a range of $813 million to $837 million, up from $785 million to $835 million.