This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPECBL0ZG_M.jpgInvesting.com – Vail Resorts rallied on Friday as the rate of its pass sales for the upcoming winter season boosted investor confidence.
Vail Resorts (NYSE:) was up 4% in midday trade.
Pass sales were up 14%, while the company said FY19 results benefited from about $4 million from not owning Triple Peaks and Stevens Pass during August and September, when resorts operate at a loss.
The company said that it lost $2.22 per share, which was higher than expected, while revenue came in at $244 million.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.