Peak Resorts Q3 Earnings Outlook

On Thursday, Peak Resorts SKIS will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications.

Earnings and Revenue

Peak Resorts EPS will likely be near 54 cents per share while revenue will be around $59.69 million, according to analysts.

In the same quarter last year, Peak Resorts posted EPS of 47 cents on sales of $56.38 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 14.89 percent. Sales would be up 5.86 percent from the same quarter last year.

Here's how the company's EPS has stacked up against analyst estimates in the past:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate -0.65 -0.55 0.61 0.59
EPS Actual -0.66 -0.64 0.52 0.47

 

Stock Performance

Over the past 52-week period, shares of Peak Resorts have declined 15.13 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Peak Resorts stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.

Conference Call

Peak Resorts' Q3 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here.

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