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

Vail Resorts

08/12/2023 07:01

* Vail Resorts Inc  MTN.N  reported a quarterly adjusted
loss of
$4.60​​ per share for the quarter ended in October, lower than
the same quarter last year, when the company reported EPS of
$-3.40.  The mean expectation of ten analysts for the quarter
was for a loss of $4.52 per share. Wall Street expected
results to range from $-4.77 to $-4.10 per share.
    * Revenue fell 9% to $254.28 million from a year ago;
analysts
expected $271.01 million. 
    * Vail Resorts Inc's reported EPS for the quarter was a loss
of
$4.60​.
    * The company reported a quarterly loss of $175.51 million.
    * Vail Resorts Inc shares had fallen by 2.2% this
quarter and
lost 9.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 21.2%
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," 6
"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 $266.00 
This summary was machine generated from LSEG data December 8 at
07:00 a.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
 Oct. 31 2023      -4.52          -4.60          Missed
 Jul. 31 2023      -3.24          -3.35          Missed
 Apr. 30 2023      8.84           8.18           Missed
 Jan. 31 2023      6.05           5.16           Missed