Overview
Q4 EPS misses analyst expectations, per LSEG data
Resort Reported EBITDA grows 2% to $844.1 mln despite 3% skier visit decline
Co repurchased 1.69 mln shares in fiscal 2025
Outlook
Vail Resorts expects fiscal 2026 net income between $201 mln and $276 mln
Company forecasts fiscal 2026 Resort Reported EBITDA of $842 mln to $898 mln
Vail Resorts anticipates $75 mln in fiscal 2026 cost efficiencies
Result Drivers
PASS SALES - Pass product sales for the upcoming ski season decreased 3% in units but increased 1% in sales dollars, driven by price increases
COST DISCIPLINE - Strong cost discipline and resource efficiency transformation plan contributed to $37 million in savings
SKIER VISITS DECLINE - 3% decline in skier visits impacted results, offset by increased ancillary spend per guest
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Resort Net Revenue
$271.20 mln
Q4 EPS
Miss
-$5.08
-$4.73 (9 Analysts)
Q4 Net Income
-$192.91 mln
Q4 Income from Operations
Miss
-$203.60 mln
-$198.20 mln (8 Analysts)
Q4 Basic EPS
-$5.08
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy."
Wall Street's median 12-month price target for Vail Resorts Inc is $169.00, about 12.6% above its September 26 closing price of $147.74
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 21 three months ago
Press Release: ID:nCNWjNzZPa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)