Vail Resorts (MTN) shares rose Tuesd♔ay, a day after the operator of ski resorts reported better-than-expected results and boosted its guidance on price hikes and good early season weather conditions. 

The company posted a net loss of $4.61 per share, $0.50 per share smaller than the consensus expectation of analysts polled by Visible Alpha. Revenue of $260.3 million rose less than 1% but also beat forecasts. 

Season pass product sales thro♚ugh Dec. 3 for the upcoming 2024/25 North American ski season fell 2% in units, although sales dollars🔴 were up 4% because of higher prices.

澳洲幸运5开奖号码历史查询:Chief Executive Officer (CEO) Kirsten Lynch said heading into the new ski season the company is enc♑ouraged by its committed guests, and weather conditions gave it the opportunity to open some of its locations earlier than anticipated.

Vail Resorts Raises FY Profit Outlook

Vail Resorts raised its outlook for full-year net income attributable to the company to a range of $240 million to $316 million from the prior guidance of $224 million to $300 million. 

The company also announced for calendar year 2025, it plans to invest $249 million to $254 million in its resorts. The total includes🤪 European growth capital investments and real estate-related capital.

Despite today's 3% gains, shares of Vail Resorts are down about 8% year-to-date.