Katz will succeed Kirsten Lynch, who stepped down as CEO and as a director. Katz will also continue to serve as executive chairperson.
MTN adds Mayrhofen and Hintertux to the Epic Pass 2025/26 season, expanding Austrian access and boosting global skier appeal.
Vail Resorts (MTN) reported earnings 30 days ago. What's next for the stock?
I maintain a neutral rating on Vail Resorts (MTN) due to uncertainties in hitting FY25 adj. EBITDA guidance amidst weak discretionary spending. Despite 2Q25 revenue growth of 5.5% y/y and skier visits up 6.8% y/y, February visitation data and macroeconomic headwinds raise concerns. Declining destination visitors and tightening discretionary spending could pressure MTN's demand, challenging management's optimistic 2H25 recovery expectations.
MTN to benefit from its new technology innovation across its My Epic app, set to be available from the 2025/2026 season.
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.