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For fiscal 2020, Vail Resorts expects earnings attributable to the company to be between $293 million and $353 million. Resort Reported EBITDA for fiscal 2020 is touted to be between $778 million and $818 million. The company expects to incur approximately $20 million of acquisition and integration related expenses in fiscal 2020 related to the acquisitions of Peak Resorts, Falls Creek and Hotham.
Vail Resorts completed the acquisition of Peak Resorts on Tuesday. Through this $265 million deal, Vail Resorts added 17 ski areas to its portfolio and the company now has 37 resorts worldwide.
MTN’s stock price increased 9% so far this year, while dropping 20% from this time last year.