Key Developments For Great Wolf Resorts, Inc.
Great Wolf Resorts, Inc. (WOLF.O) (Consolidated Issue listed on NASDAQ Global Market)
Great Wolf Resorts, Inc. Lowers FY 2009 Guidance; Issues Q4 2009 Guidance Below Analysts' Estimates
Great Wolf Resorts, Inc. announced that for fiscal 2009, it expects net income of $(73.8)-$(70.8) million, net income (loss) per diluted share (EPS) of $(2.36)-$(2.26) and adjusted EBITDA of $64.2-$67.2 million. For fourth quarter of 2009, it expects net income of $(20.2)-$(17.2) million, net income (loss) per diluted share of $(0.65)-$(0.55) and adjusted EBITDA of $7.0-$10.0 million. According to Reuters Estimates, analysts were expecting the Company to report net income of $(20.9) million, EPS of $(0.59) and EBITDA of $64.93 million for fiscal 2009; net income of $(10.5) million, EPS of $(0.33) and EBITDA of $10.32 million for fourth quarter of 2009.
Great Wolf Resorts, Inc. Narrows FY 2009 Earnings Guidance; Issues Q3 2009 Guidance In Line With Analysts' Estimates
Great Wolf Resorts, Inc. updated fiscal 2009 guidance and expects net income (loss) of $(25.500)-$(22.500) million, net income (loss) per diluted share (EPS) of $(0.81)-$(0.72), adjusted EBITDA of $61.500-$66.500 million, adjusted net income (loss) of $(20.200)-$(17.200) million and adjusted net income (loss) per diluted share of $(0.63)-$(0.55). For third quarter of 2009, it expects net income (loss) of $(2.200)-$(0.400) million, net income (loss) per diluted share (EPS) of $(0.07)-$(0.01), adjusted EBITDA of $20.500-$23.500 million, adjusted net income (loss) of $(1.900)-$(0.100) million and adjusted net income (loss) per diluted share of $(0.06)-$(0.00). According to Reuters Estimates, analysts were expecting the Company to report EBITDA of $64.26 million, net income of $(21.43) million and EPS of $(0.59) for fiscal 2009; EBITDA of $23.15 million, net income of $(0.43) million and breakeven EPS for third quarter of 2009.
Great Wolf Resorts, Inc. Issues Q2 2009 EBITDA Outlook; Earnings Outlook Below Analysts' Estimates; Issues FY 2009 Earnings Outlook In Line With Analysts' Estimates
Great Wolf Resorts, Inc. announced that for second quarter of 2009, it expects net loss to be in the range of $(6.900)-$(5.700) million, net loss per diluted share (EPS) of $(0.22)-$(0.18), adjusted EBITDA in the range of $14-$16 million, adjusted net income (loss) in the range of $(6.060)-$(4.860) million, adjusted net income (loss) per diluted share in the range of $(0.19)-$(0.16) and same store RevPAR decline of approximately 8%-10% in constant dollars. For fiscal 2009, it expects net loss to be in the range of $(25.590)-$(20.790) million, net loss per diluted share (EPS) of $(0.82)-$(0.66), adjusted EBITDA in the range of $58.6-$66.6 million, adjusted net income (loss) in the range of $(21.420)-$(16.620) million and adjusted net income (loss) per diluted share in the range of $(0.68)-$(0.53). According to Reuters Estimates, analysts were expecting the Company to report net loss of $3.5 million, EBITDA of $15 million and loss per share of $0.15 for second quarter of 2009; net loss of $19.45 million, EBITDA of $62.5 million and loss per share of $0.65 for fiscal 2009.
Great Wolf Resorts, Inc. Issues Q1 2009 Earnings Outlook Below Estimates; Issues FY 2009 Earnings Outlook; FY 2009 Net Income Outlook Below Estimates; Comments On Q1, FY 2009 Same Store RevPAR Outlook
Great Wolf Resorts, Inc. announced that for first quarter 2009 it expects same store RevPAR decline of approximately 10%, net income (loss) in the range of $(6.600) milion to $(5.400) million, net income (loss) per diluted share in the range of $(0.21) to $(0.17), adjusted EBITDA in the range of $12.400 million to $14.400 million, adjusted net income (loss) in the range of $(4.560) million to $(3.360) million and adjusted net income (loss) per share in the range of $(0.15) to $(0.11). For fiscal 2009 it expects same store RevPAR decline of approximately 5%-8%, net income (loss) in the range of $(25.020) million to $(20.020) million, net income (loss) per diluted share in the range of $(0.81) to $(0.65), adjusted EBITDA in the range of $58.600 million to $66.600 million, adjusted net income (loss) in the range of $(21.600) million to $(16.800) million and adjusted net income (loss) per share in the range of $(0.70) to $(0.54). According to Reuters Estimates, analysts are expecting the Company to report net income of $(3.90) million, EPS of $(0.16) and EBITDA of $15.58 million for first quarter 2009; net income of $(18.60) million, EPS of $(0.65) and EBITDA of $63.03 million for fiscal 2009.
Great Wolf Resorts, Inc. Reaffirms Q4 2008 EBITDA Guidance
Great Wolf Resorts, Inc. continued to affirm its previously announced adjusted EBITDA guidance range for the fourth quarter 2008. According to Reuters Estimates, analysts were expecting the Company to report EBITDA of $8.60 million for the same period.
