Vail Resorts (MTN) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Vail Resorts reported a revenue of $1.08 billion for the quarter ended January 2026, reflecting a decrease of 4.7% year-over-year and a surprise of -2.68% compared to the Zacks Consensus Estimate of $1.11 billion [1] - The earnings per share (EPS) for the quarter was $5.87, down from $6.56 in the same quarter last year, with an EPS surprise of -3.12% against the consensus estimate of $6.06 [1] Financial Performance Metrics - Total skier visits were reported at 6.78 thousand, below the estimated 7.15 thousand [4] - Managed condominium RevPAR was $152.98, compared to the average estimate of $158.82 [4] - Owned hotel RevPAR was $130.60, lower than the average estimate of $142.18 [4] - Mountain net revenue was $1.01 billion, compared to the average estimate of $1.03 billion, representing a year-over-year decline of 4.8% [4] - Lodging net revenue was $71.59 million, below the estimated $76.41 million, reflecting a -3.2% change year-over-year [4] - Dining revenue from mountain operations was $84.63 million, compared to the average estimate of $85.82 million, marking a -6.9% year-over-year change [4] - Retail/rental revenue from mountain operations was $126.01 million, below the average estimate of $129.13 million, with a year-over-year change of -6.8% [4] - Other mountain revenue was $55.12 million, compared to the average estimate of $56.55 million, representing a -6.7% year-over-year change [4] - Managed condominium rooms revenue was $26.09 million, below the estimated $26.92 million, reflecting a -3.6% change year-over-year [4] - Ski school revenue was $120.63 million, compared to the average estimate of $122.18 million, marking a -9.3% year-over-year change [4] - Lift revenue was $625.93 million, below the average estimate of $644.21 million, with a year-over-year change of -2.9% [4] Stock Performance - Vail Resorts' shares returned +0.1% over the past month, while the Zacks S&P 500 composite experienced a -2.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]