J.P. Morgan analyst Matthew R. Boss reiterated the Underweight rating on Vail Resorts, Inc. MTN, raising the price forecast to $167 from $166.
MTN's fiscal second-quarter performance benefits from the stability of its season pass program and strategic investments.
Vail Resorts' stock has dropped 30% over the past year, but Q2 results showed a 4% after-hours increase due to solid earnings. Despite macroeconomic headwinds, Vail's focus on annual passes provides stable revenue; Q2 saw a 6% revenue rise and 8% EBITDA growth. Vail cut earnings guidance slightly due to FX headwinds but maintains a healthy balance sheet with $488 million cash and a 5.6% dividend yield.
Vail Resorts, Inc. (NYSE:MTN ) Q2 2025 Earnings Conference Call March 10, 2025 5:00 PM ET Company Participants Kirsten Lynch - CEO Angela Korch - EVP and CFO Conference Call Participants Shaun Kelley - Bank of America Merrill Lynch Jeff Stantial - Stifel Megan Clapp - Morgan Stanley Laurent Vasilescu - BNP Paribas Patrick Scholes - Truist Securities Chris Woronka - Deutsche Bank Ben Chaiken - Mizuho David Katz - Jefferies Matthew Boss - JPMorgan Arpine Kocharyan - UBS Brandt Montour - Barclays Operator Good afternoon, everyone, and welcome to the Vail Resorts Fiscal Second Quarter 2025 Earnings Conference Call. Just a reminder, today's call is being recorded.
Vail Resorts (MTN -2.50%), known for its vast network of ski resorts, delivered its fiscal 2025 second-quarter results on March 10. The report revealed higher-than-expected diluted earnings per share -- $6.56, compared to the $6.29 estimate.
Vail Resorts (MTN) came out with quarterly earnings of $6.56 per share, beating the Zacks Consensus Estimate of $6.29 per share. This compares to earnings of $5.76 per share a year ago.
Vail Resorts, Inc. MTN will release its second-quarter financial results after the closing bell on Monday, March 10.
MTN's fiscal second-quarter performance is likely to have benefited from strong season pass sales and growth in lift ticket revenues and ancillary businesses.
Beyond analysts' top -and-bottom-line estimates for Vail Resorts (MTN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.
Vail Resorts (MTN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Vail Resorts (MTN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
MTN reports season-to-date performance, highlighting shifts in guest visitation patterns and strong ancillary spending.