Vail Resorts (MTN) Reports Q1 Loss, Lags Revenue Estimates

Core Insights - Vail Resorts reported a quarterly loss of $5.2 per share, slightly better than the Zacks Consensus Estimate of a loss of $5.23, but worse than a loss of $4.61 per share a year ago, indicating an earnings surprise of +0.57% [1] - The company generated revenues of $271.03 million for the quarter ended October 2025, missing the Zacks Consensus Estimate by 0.09%, but showing an increase from $260.27 million year-over-year [2] - Vail Resorts has underperformed the market, with shares down approximately 22.4% year-to-date compared to a 16.3% gain in the S&P 500 [3] Earnings Outlook - The earnings outlook for Vail Resorts is uncertain, with the current consensus EPS estimate for the upcoming quarter at $6.70 on revenues of $1.16 billion, and $6.68 on revenues of $3.02 billion for the current fiscal year [7] - The trend of estimate revisions prior to the earnings release was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] Industry Context - The Leisure and Recreation Services industry, to which Vail Resorts belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a relatively strong position within the market [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Vail Resorts' stock performance [5]