What chance does MTN have to make their numbers this quarter??? Most analyst seem to be positive on MTN will they be forced to reduce their estimates??? Based on the fact they have so little snow at all their areas and are forced to spend a fortune on snow making. Even though 35% of the revenue is from season tickets one would think all other income areas are way down.
Credit Suisse reduces earning estimate on MTN maintains outperform and 56$ target. Based on the fact that it might snow on MLK & Presidents holiday. What a joke, fact is XMAS was far from expectations and now analyst is ignoring facts and hoping. Does not sound cautious to me. In a business with so few actual days to increase revenue and margins any disappointment seems to me should change an analysts outlook.