Vail Resorts Inc reports results for the quarter ended in January - Earnings Summary

Vail Resorts

06/06/2024 22:01

* Vail Resorts Inc  MTN.N  reported quarterly adjusted
earnings of
$9.54​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of
$8.18.  The mean expectation of eleven analysts for the quarter
was for earnings of $9.97 per share. Wall Street expected
results to range from $9.59  to $10.38 per share.
    * Revenue rose 3.6% to $1.28 billion from a year ago;
analysts
expected $1.30 billion. 
    * Vail Resorts Inc's reported EPS for the quarter was
$9.54​.
    * The company reported quarterly net income of $362 million.
    * Vail Resorts Inc shares had fallen by 13.4% this
quarter and
lost 9.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "hold"

Wall Street's median 12-month price target for Vail Resorts Inc
is $229.50 
This summary was machine generated from LSEG data June 6 at
09:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2024      9.97           9.54           Missed
 Jan. 31 2024      5.98           5.76           Missed
 Oct. 31 2023      -4.54          -4.60          Missed
 Jul. 31 2023      -3.26          -3.35          Missed