Vail Resorts Stock Down on Q4 Earnings Miss, Revenues Top

Vail Resorts, Inc. (MTN) reported mixed fourth-quarter fiscal 2024 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. Revenues declined on a year-over-year basis and the adjusted loss widened from the prior-year quarter's levels. Following the results, Vail Resorts' shares dropped 0.5% in the after-hours trading session on Sept. 26. During the quarter, its reported EBITDA declined year over year due to the underperformance of the Australian winter business. Snowfall a ...