Vail Resorts Stock Falls After Earnings

Vail's revenue is struggling as consumers pull back on spending. Vail Resorts (MTN -3.91%) announced fiscal fourth-quarter 2024 results after the market closed yesterday, and investors weren't impressed with the news. Revenue was down 1.6% to $265.4 million, and net loss ballooned from $128.6 million to $175.4 million, or $4.67 per share. As a result, the stock closed the day down nearly 4%. Revenue slightly topped estimates, but analysts were expecting a loss of just $4.26 per share. To make matters worse, ...