Vail Resorts(MTN)

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Vail Resorts(MTN) - 2025 Q2 - Quarterly Results
2025-03-10 20:06
Exhibit 99.1 Vail Resorts Contacts: Investor Relations: Jack McCarthy, (303) 404-1800, InvestorRelations@vailresorts.com Media: Sara Olson, (303) 404-6497, News@vailresorts.com Vail Resorts Reports Fiscal 2025 Second Quarter Results and Provides Updated Fiscal 2025 Guidance BROOMFIELD, Colo. - March 10, 2025 - Vail Resorts, Inc. (NYSE: MTN) today reported results for the second quarter of fiscal 2025 ended January 31, 2025 and provided the Company's ski season-to-date metrics through March 2, 2025. Highligh ...
Vail Resorts Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-03-10 03:50
Financial Performance - Vail Resorts, Inc. is expected to report second-quarter earnings of $6.32 per share, an increase from $5.76 per share in the same period last year [1] - The company projects quarterly revenue of $1.14 billion, compared to $1.08 billion a year earlier [1] Market Activity - Vail Resorts shares rose 0.2% to close at $157.51 [2] Analyst Ratings - JP Morgan analyst maintained an Underweight rating and reduced the price target from $176 to $166 [3] - Morgan Stanley analyst maintained an Equal-Weight rating with a price target of $197 [3] - Truist Securities analyst maintained a Buy rating but cut the price target from $250 to $247 [3] - Barclays analyst maintained an Underweight rating and raised the price target from $155 to $165 [3] Skier Visits - The company reported a 0.3% year-over-year decline in total skier visits for the season to date [1]
Vail Resorts to Post Q2 Earnings: What's in Store for the Stock?
ZACKS· 2025-03-06 13:30
Core Viewpoint - Vail Resorts, Inc. (MTN) is expected to report strong fiscal second-quarter results, driven by increased season pass sales, favorable conditions, and strategic investments in various areas [1][4]. Financial Performance - The Zacks Consensus Estimate for fiscal second-quarter earnings per share (EPS) is $6.29, reflecting a 9.2% increase from $5.76 in the same quarter last year [3]. - Revenue expectations are set at $1.14 billion, indicating a 5.6% rise compared to the previous year [3]. Revenue Drivers - Strong season pass sales and improved early-season conditions at North American resorts are anticipated to boost performance [4]. - Growth in lift ticket revenues and ancillary businesses, including ski school and dining, is expected to contribute positively to the top line [4]. - The model predicts revenues from lift tickets, ski school, and dining to rise by 4.4%, 1.6%, and 32.1% year over year, respectively [6]. Mixed Performance Indicators - Total skier visits have declined by 0.3% year over year, but lift ticket revenues increased by 4.5% due to better weather and a stable season pass program [5]. - Ancillary revenues showed mixed results, with ski school and dining revenues up by 1.1% and 6.6%, while retail and rental revenues fell by 5.4% [5]. Lodging and Cost Management - Lodging performance is expected to be mixed, with total lodging revenues projected to rise 13.7% year over year to $88.5 million [7]. - The company's resource efficiency transformation plan aims for $100 million in annualized cost savings by fiscal 2026, contributing to margin stability [8]. Earnings Prediction - The model predicts an earnings beat for Vail Resorts, supported by a positive Earnings ESP of +1.64% and a Zacks Rank of 3 (Hold) [9][10].
Curious about Vail Resorts (MTN) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2025-03-05 15:15
Core Insights - Vail Resorts (MTN) is expected to report quarterly earnings of $6.29 per share, reflecting a 9.2% increase year-over-year, with revenues projected at $1.14 billion, a 5.6% increase from the previous year [1] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [2] - Analysts have maintained the consensus EPS estimate for the quarter over the past 30 days, indicating stability in projections [1] Revenue Projections - Analysts forecast 'Net Revenue- Mountain net revenue' to reach $1.05 billion, indicating a 5.1% year-over-year increase [4] - 'Net Revenue- Lodging net revenue' is expected to be $80.79 million, reflecting a 3.8% increase year-over-year [4] - 'Net Revenue- Resort net revenue' is projected at $1.13 billion, showing a 4.6% increase from the prior-year quarter [4] Detailed Revenue Breakdown - 'Net Revenue- Mountain net revenue- Lift' is estimated at $634.85 million, a 5.2% increase year-over-year [5] - 'Net Revenue- Mountain net revenue- Retail/rental' is expected to be $132.81 million, indicating a 2.5% decrease [5] - 'Net Revenue- Mountain net revenue- Dining' is projected to reach $94.91 million, reflecting a significant 15.7% increase [5] - 'Net Revenue- Mountain net revenue- Ski school' is estimated at $129.56 million, a 2.3% increase [6] - 'Net Revenue- Mountain net revenue- Other' is expected to be $55.99 million, indicating an 8.3% increase [6] Visitor and Revenue Metrics - The estimated 'Mountain - Total skier visits' is 7.27 thousand, slightly up from 7.26 thousand in the same quarter last year [7] - 'Lodging - Managed condominium statistics - RevPAR' is projected to reach $173.74, up from $164.43 in the same quarter last year [7] - 'Lodging - Owned hotel statistics - RevPAR' is expected at $142.31, compared to $140.65 a year ago [8] - 'Mountain - ETP' is projected to be $87.43, up from $83.08 in the same quarter last year [8] Stock Performance - Vail Resorts shares have returned -6.9% over the past month, compared to a -4.1% change in the Zacks S&P 500 composite [8] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [8]
2025/26 Epic Pass Launches at Lowest Price of the Year; Switzerland's Verbier 4 Vallées is Now Even More Epic with Expanded Access for Pass Holders
Prnewswire· 2025-03-04 15:55
Core Insights - Vail Resorts is expanding access to Verbier 4 Vallées in Switzerland for the 2025/26 winter season, allowing all Epic Pass holders to enjoy five days of consecutive access [2][5] - The 2025/26 Epic Pass is currently available at the lowest price of the year, priced at $1,051 for adults and $537 for children, providing unlimited access to 42 owned resorts and partner resorts [6][8] - The company has invested over $2.5 billion in guest experience improvements over the past 15 years, focusing on innovations that enhance the skiing experience [10][12] Expansion of Access - All Epic Pass, Epic Local Pass, Epic Australia Pass, Epic Adaptive Pass, and Epic Australia Adaptive Pass holders will have access to Verbier 4 Vallées, which is Switzerland's largest ski area with 410 kilometers of runs [2][3] - Verbier 4 Vallées includes six unique resorts and offers a variety of experiences beyond skiing, such as culinary offerings and events [3][5] Pricing and Pass Options - The Epic Pass offers unlimited access to major resorts including Vail Mountain, Whistler Blackcomb, and Breckenridge, while the Epic Local Pass provides access to 29 resorts with some restrictions [6][8] - The Epic Day Pass allows customization for skiers and riders, providing significant savings compared to traditional lift ticket prices [7] Guest Experience Innovations - Vail Resorts has introduced several technological innovations such as Mobile Pass, My Epic Assistant, and My Epic Gear to enhance the guest experience [10][12] - The company has focused on reducing lift line wait times, achieving less than 3% occurrence of lift lines lasting more than 10 minutes during peak times [11] Future Developments - Additional investments are planned for the 2025/26 season, including the transformation of Park City Mountain's Canyons Village and the development of new lifts in Switzerland and Australia [12] - Vail Resorts aims to create unique experiences at each mountain resort, including culinary events and music festivals [12][13]
Vail Resorts (MTN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-03-03 16:00
Core Viewpoint - The market anticipates Vail Resorts (MTN) to report a year-over-year increase in earnings driven by higher revenues, with a focus on how actual results compare to estimates [1][2]. Earnings Expectations - Vail Resorts is expected to report quarterly earnings of $6.29 per share, reflecting a year-over-year increase of +9.2% [3]. - Revenues are projected to reach $1.14 billion, which is a 5.6% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4]. - The Most Accurate Estimate for Vail Resorts is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.64% [10]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. - Vail Resorts currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Vail Resorts was expected to post a loss of $5.14 per share but delivered a smaller loss of $4.61, resulting in a surprise of +10.31% [12]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [13]. Conclusion - Vail Resorts is viewed as a compelling candidate for an earnings beat, but investors should consider other factors influencing stock performance beyond just earnings results [16].
Vail Resorts Announces Fiscal 2025 Second Quarter Earnings Release Date
Prnewswire· 2025-02-17 12:00
Core Viewpoint - Vail Resorts, Inc. will announce its financial results for the fiscal second quarter of 2025 on March 10, 2025, after market close, followed by a conference call to discuss the results [1]. Financial Results Announcement - The financial results will cover the period ended January 31, 2025 [1]. - A conference call will take place at 5:00 p.m. eastern time on the same day [1]. Conference Call Details - The call will be accessible via the internet at www.VailResorts.com in the Investor Relations section [2]. - Participants can join by dialing (800) 245-3047 for U.S. and Canada, or +1 (203) 518-9765 for international callers, with the conference ID being MTNQ225 [2]. Replay Information - A replay of the conference call will be available two hours after its conclusion until March 17, 2025 [3]. - To access the replay, callers can dial (800) 934-4548 for U.S. and Canada, or +1 (402) 220-1175 for international [3]. Company Overview - Vail Resorts operates a network of premier ski resorts including Vail Mountain, Breckenridge, and Whistler Blackcomb, among others [4]. - The company aims for a zero net operating footprint by 2030 and focuses on supporting employees and communities [4]. - Vail Resorts also manages a collection of hotels under the RockResorts brand and operates over 250 retail and rental locations across North America [4].
Vail Resorts (MTN) Soars 5.6%: Is Further Upside Left in the Stock?
ZACKS· 2025-01-28 15:26
Group 1: Company Overview - Vail Resorts (MTN) shares increased by 5.6% to close at $176, following a notable trading volume, despite a 12.5% loss over the past four weeks [1] - Late Apex Partners, a shareholder, has proposed significant leadership changes, including the replacement of CEO Kirsten Lynch and CFO Angela Korch, as well as the resignation of board Chairman Robert Katz [2] Group 2: Financial Performance Expectations - Vail Resorts is expected to report quarterly earnings of $6.29 per share, reflecting a year-over-year increase of 9.2%, with revenues projected at $1.14 billion, up 5.6% from the previous year [3] - The consensus EPS estimate for Vail Resorts has been revised 1.5% lower in the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] Group 3: Industry Context - Vail Resorts operates within the Zacks Leisure and Recreation Services industry, where another company, Pursuit Attractions and Hospitality (PRSU), saw a 2.8% increase in its stock price, closing at $39.85, despite a -9.4% return over the past month [4] - Pursuit Attractions and Hospitality's EPS estimate for the upcoming report remains unchanged at -$1.19, representing a 50.6% decrease compared to the previous year [5]
Bronstein, Gewirtz & Grossman, LLC Is Investigating Vail Resorts, Inc. (MTN) And Encourages Shareholders to Connect
ACCESSWIRE Newsroom· 2025-01-17 15:00
Core Viewpoint - Bronstein, Gewirtz & Grossman, LLC is investigating Vail Resorts, Inc. (MTN) and encourages shareholders to connect with the firm for potential legal claims related to the company's operations [1] Group 1 - The investigation is focused on whether Vail Resorts, Inc. has engaged in any unlawful business practices that may have harmed shareholders [1] - Shareholders are encouraged to reach out to the firm to discuss their experiences and any potential claims [1] - The investigation may lead to legal actions if sufficient evidence of wrongdoing is found [1]
Vail Resorts Reports Season-to-Date Performance & Visitor Trends
ZACKS· 2025-01-17 14:06
Core Viewpoint - Vail Resorts, Inc. reported mixed performance metrics for the ski season-to-date, with a slight decrease in skier visits but an increase in lift ticket revenues, indicating a shift in guest behavior and expectations for improved performance in the remainder of the season [1][2][7]. Group 1: Season-to-Date Performance - The company experienced a 0.3% decrease in total skier visits compared to the previous year, while lift ticket revenues increased by 4.5% year over year [2]. - Ski school and dining revenues rose by 1.1% and 6.6%, respectively, but retail or rental revenues declined by 5.4% [4]. - Improved weather conditions contributed positively to the season-to-date results [2]. Group 2: Guest Behavior and Expectations - A shift in destination guest behavior was noted, with more guests expected to visit later in the season due to the late timing of the Thanksgiving holiday and normalization of industry demand [3][6]. - The company anticipates improved performance for the remainder of the season, supported by strong pre-committed guests and current lodging booking trends [7]. Group 3: Financial Outlook - Vail Resorts expects to meet its full-year Resort Reported EBITDA guidance, projected between $838 million and $894 million [7]. - The stock has increased by 4.2% over the past three months, slightly underperforming the industry growth of 5% [9].