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Vail Resorts Inc Issues FY 2014 EBITDA Guidance In Line With Analysts' Estimates; Issues FY 2014 Net Income Guidance Above Analysts' Estimates; Declares Dividend


Friday, 27 Sep 2013 08:00am EDT 

Vail Resorts Inc announced that for fiscal 2014, it expects total reported EBITDA in the range of $266 million to $287 million, income before provision for income taxes to be in the range of $58.5 million to $86.2 million, Net income to be in the range of $36.85 million to $54.75 million and net income attributable to Vail Resorts, Inc. to be in the range of $37 million to $55 million. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $277 million, net income of $34 million for fiscal 2014. The Company also announced that the Board of Directors has declared a quarterly cash dividend on Vail Resorts' common stock. The quarterly dividend will be $0.2075 per share of common stock and will be payable on October 24, 2013 to shareholders of record on October 9, 2013. 

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