Vail Resorts (MTN) came out with a quarterly loss of $4.67 per share versus the Zacks Consensus Estimate of a loss of $4.28. This compares to loss of $3.35 per share a year ago.
MTN's fourth-quarter fiscal 2024 results are likely to reflect soft contributions from its two primary segments and increased operating expenses.
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 July 2024.
Vail Resorts (MTN) doesn't possess 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 is trading at pandemic-era lows, offering a compelling 4.62% dividend yield and significant upside potential based on fair value estimates. Despite recent underperformance due to poor ski conditions, Vail is poised for a turnaround with favorable La Niña forecasts predicting better snowfall in key regions. Analysts project a robust recovery with 2025 EPS rising to $8.46 from $6.64 in 2024, and a 5.2% revenue increase to $3.04 billion.
Vail has struggled to grow recently, but the Epic Pass could unlock a bright future.
Vail Resorts is the global leader in the ski industry with 37 resorts in North America alone. The company's scale, paired with Earth's limited number of mountains, gives Vail a wide moat.
Recent 3Q24 earnings missed street estimates, with weak demand outlook ahead. Management attributes shift in demand and bad weather, but I believe high prices and macro conditions are main issues. I am staying with my hold rating for MTN due to weak demand, potential need for price cuts, and uncertain future outlook.
Vail Resorts' (MTN) prospects benefit from an effective season pass program, along with various strategic business investments. Yet, decreased skier visitation trends and weather-related challenges, along with increased expenses, mar prospects.
Vail Resorts dropped more than 10% after reporting Q3 results, which the company blamed on poorer ski conditions. The company's cut to guidance includes the negative impact from acquiring its second resort in Europe, which could be a long-term growth driver for the company. In spite of poor skiing conditions, the company grew revenue and adjusted EBITDA in Q3. Ski pass sales for the 2024/2025 season are also up in dollar terms.
Shares of Vail Resorts (MTN) headed downhill Friday, a day after the operator of ski resorts posted worse-than-expected results and cut its guidance as a lack of snowfall reduced demand.
Vail Resorts' (MTN) fiscal third-quarter performance reflects a decline in skier visits owing to unfavorable weather conditions.